Ford May Sell Mazda Stake

Ford (F) may sell some or all of if stake in Japanese car company Mazda, the Nikkei newspaper reported.
Continue reading Ford May Sell Mazda Stake

Ford May Sell Mazda Stake originally appeared on…

Ford May Shutter 200 Lincoln Dealerships

In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota’s Lexu…

Toyota May Supply Daimler with Hybrid Technology

Toyota is allegedly in talks to supply technology and key components for hybrid vehicles to Germany’s Daimler, according to a report Thursday in the Nikkei Business Daily newspaper. If a deal is made, Daimler would become fourt…

Volkswagen Taps Ex-GM Exec as CEO of U.S. Unit

Volkswagen has tapped a veteran with deep knowledge of the U.S. domestic auto industry to head its U.S. operations. The German carmaker named Jonathan Browning, who has worked for both General Motors and Ford Motor, as CEO of V…