Porsche is paying homage to the 935/78 Le Mans race car, nicknamed ‘Moby Dick’ for its elongated shape, oversized fairings and white base color, with a modern, 700-hp 935 at the “Rennsport Reunion” this week in California.
If Ford earns $1 billion less in North America because of tariffs, even though nearly all of the steel it uses is made in the U.S., its profit-sharing payouts to workers would drop by $1,000.
Lots of questions surround Fiat Chrysler as new CEO Mike Manley prepares to announce a new management team. Yet he is sure to carry a lighter workload than that of his hyper-scheduled late predecessor, Sergio Marchionne.
Avril Lavigne releases the “Head Above Water” music video on her 34th birthday.
Germany’s Thyssenkrupp, giving in to investor pressure and undergoing its biggest overhaul since the merger of Thyssen and Krupp 20 years ago, will spin off its car parts, elevators and plant engineering businesses to shareholders.