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Ford to cut jobs as it restructures in Europe

Ford will cut more than 1,000 jobs in Germany as it switches its business in the region to selling only electric cars. The automaker plans to reduce the workforce at its European headquarters and factory in Cologne, Germany, by a…

GM to invest $918 million at 4 plants

DETROIT — General Motors on Friday said it will invest $918 million at four manufacturing plants in Michigan, Ohio and New York for production of V-8 engines and electric vehicle parts. The majority of the investment is related to GM's…

VW relishes competition in EVs

BERLIN -- Volkswagen Group wants to expand both its higher-end and lower-end offering in the Chinese market, China chief Ralf Brandstätter said, calling the country's high-paced, competitive market a "giant fitness center for the…