General Motors is stepping up its defense of the Cadillac Escalade SUV by offering $10,000 discounts to some current customers to keep them from straying to the hot-selling new Lincoln Navigator.
South Korea minister says GM needs to survive on own in long-term
South Korea’s finance minister said that public funds could be used to support GM Korea only if it was clear that the business could survive on its own long term .
Jaguar Land Rover confirms 1,000 jobs to go as diesel sales slump
Jaguar Land Rover said it will cut 1,000 jobs and reduce production at two UK factories as demand for diesel cars slumps because of higher taxes and a regulatory crackdown.
South Korean supplier Hyundai Mobis wants to leapfrog from fast follower to leader in autonomous driving technologies by 2025, and is preparing to infuse its division with more expertise and money.