South Korea’s Hyundai Motor and its Kia affiliate said they plan to invest $7.4 billion in the U.S. by 2025 to produce electric vehicles, enhance production facilities and develop smart mobility technologies.
Alexandra Ford English, daughter of Executive Chairman Bill Ford, and Henry Ford III, son of Edsel Ford II, on Thursday were voted into two open board positions vacated by the retiring Edsel Ford and John Lechleiter.