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Ben Klayman

How Hyundai Motor, once a rising star, lost its shine

Nov 05 2018

SEOUL/DETROIT/CHONGQING, China At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world's largest auto market.

VW and Ford in talks on self-driving and electric vehicles: source

Oct 31 2018

FRANKFURT/DETROIT Volkswagen AG and Ford Motor Co are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter.

GM offers buyouts to cut costs after strong quarterly profit

Oct 31 2018

DETROIT General Motors Co on Wednesday stepped up efforts to cut costs in response to tariff and market pressures, even as it reported third-quarter profit that blew past Wall Street expectations. | Video

Fiat Chrysler's lower cash forecast overshadows special dividend pledge

Oct 30 2018

MILAN/DETROIT Fiat Chrysler (FCA) reported better-than-expected third-quarter earnings and promised to pay 2 billion euros ($2.3 billion) in special dividends, but a lower net cash forecast and its over-reliance on the North American market weighed on its shares.

Ford third-quarter profit beats estimates, shares rise

Oct 24 2018

DEARBORN, Mich. Ford Motor Co on Wednesday reported slightly higher than expected third-quarter profit and stuck to its targets for the year, raising investor hopes for a strong fourth quarter and sending its shares up as much as 7 percent after-hours.

Tesla hits near bottom in Consumer Reports reliability survey

Oct 24 2018

DETROIT Tesla Inc's high-end Model S sedan lost its "recommended" rating and the electric carmaker slid overall by six spots to almost the bottom in Consumer Reports magazine's annual reliability survey.

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