Ford to spend more on EVs than internal combustion vehicles in 2023, North America COO says
The automaker is in the midst of a $30 billion EV investment through 2025.
Uber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook
The Delta variant complicates efforts by Uber and Lyft to achieve profitability this year on a basis of adjusted earnings before interest, taxes, depreciation and amortization.
Ferrari triples Q2 profit before outsider CEO takes helm
Ferrari stuck to its main 2021 targets, despite tripling second-quarter profits as shipments recovered from pandemic-hit trading in the same period last year.
Nvidia, GM CEOs top compensation survey
Five CEOs of publicly traded U.S. automotive companies realized more than $24 million in total compensation last year, according to a list calculated by Equilar.
Nissan positions redesigned Frontier to take back some ground
Nissan once towered in the smaller pickup segment. Now, it just wants a crack at it.