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  • General Motors company logo.

    GM announces 2,000 layoffs in Michigan, Ohio; first in six years

    NEW YORK (CNNMoney) — General Motors is cutting 2,000 factory jobs in Michigan and Ohio — its first round of layoffs since 2010. The company said it will cut the third shift of production at the Lordstown, Ohio plant, which makes the compact Chevrolet Cruze. It’s also cutting jobs at the Lansing, Mich., Grand River plant where it makes the Chevy Camaro and the Cadillac ATS and CTS. GM said the job losses will hit 1,200 factory workers in Ohio […]

  • After well over a century in the car business, Mercedes-Benz is just getting around to making its first luxury pickup truck. A concept version was revealed Monday.

    Mercedes-Benz unveils first pickup truck

    NEW YORK — After well over a century in the car business, Mercedes-Benz is just getting around to making its first luxury pickup truck. A concept version was revealed Monday. Plans for the truck were first announced in March, 2015, but this is the first look we’ve had at the design. It’s expected to go on sale late next year in parts of Europe, Africa, South America and Australia. But it won’t be available in the United States, even though […]

  • A lineup of Ford Focus vehicles is seen on an assembly line at the Ford Michigan Assembly Plant in Wayne, Michigan, January 7, 2015.        (Photo: SAUL LOEB/AFP/Getty Images)

    Ford announces it is moving all small car production to Mexico, but says no U.S. job losses

    NEW YORK — Within the next two years, Ford will no longer build any small cars in the United States, the automaker said Thursday. Production of the Ford Focus and C-Max, the only small cars Ford still assembles in the United States, will be moved to Mexico, according to a Ford spokeswoman. Ford has previously said it was opening a new plant in Mexico that would employ 2,800 workers there. The Ford Fiesta subcompact is already being assembled in Mexico. […]

  • (Photo credit: MIRA OBERMAN/AFP/Getty Images)

    Ford moving all small car production to Mexico

    Within the next two years, Ford will no longer build any small cars in the United States, the automaker said Thursday. Production of the Ford Focus and C-Max, the only small cars Ford still assembles in the United States, will be moved to Mexico, according to a Ford spokeswoman. Ford has previously said it was opening a new plant in Mexico that would employ 2,800 workers there. The Ford Fiesta subcompact is already being assembled in Mexico. The high-performance Ford […]

  • money-salary-economy

    Apple, Facebook, Target sign White House pledge on gender gap on Women’s Equality Day

    WASHINGTON, D.C. — Apple, Facebook and Target, along with 26 other American companies, have signed onto the White House’s Equal Pay Pledge, the Obama administration announced Friday, in an effort to eliminate the gender pay gap. The announcement — which was made on Women’s Equality Day — included a promise by employers to conduct a yearly analysis of pay by gender, as well as review hiring and promotion processes. General Motors released a statement announcing it had signed onto the […]

  • (Photo by Joe Raedle/Getty Images)

    True self-driving cars will arrive in 5 years, Ford says

    NEW YORK – Self-driving Fords that have no steering wheels, brake or gas pedals will be in mass production within five years, the company said Tuesday. These cars will be very different from the current models of self-driving cars that Ford and other companies are now testing. Those vehicles still have space for drivers, who are expected to take control of the cars in case problems arise. Ford says its goal is to have true self-driving cars in which everyone inside […]

  • 2009 Subaru Forester, Credit: GEOFF ROBINS/AFP/Getty Image

    These SUVs have lousy headlights

    If you’re driving a small SUV, chances are that your headlights are pretty crummy. The Insurance Institute for Highway Safety tested the headlights on 21 small SUVs, and not one earned the top rating of Good for lighting performance. Only four were even rated Acceptable. Headlight performance is critical because, according the Institute, about half of traffic deaths occur at night or during the low-light hours of dawn or dusk. The report adds that headlights are often overlooked in favor […]

  • vette

    The longest-produced American car models

    The United States just celebrated its 240th birthday, and for nearly half that time, the modern automobile has held a special place in American history. With the help of automotive pioneers like Henry Ford or William Durant, cars as we know and drive them have become engrained in U.S. culture. Today, the “Big Three” Detroit automakers – Ford, General Motors and Chrysler – still roll out new models off the assembly lines every day. Some of their nameplates are among […]

  • Volkswagen

    Volkswagen agrees to record $14.7 billion settlement over emissions cheating

    NEW YORK — Volkswagen’s deliberate cheating on emissions tests will cost it a record $14.7 billion. That’s far more than any other automaker has paid for wrongdoing. Owners of the nearly 500,000 affected diesel cars will share in up to $10 billion in payments for their cars, according to documents filed in federal court in California. Washington State Attorney General Bob Ferguson says VW will pay $26.1 million to the state, the third-largest consumer protection recovery in state history. “Consumers specifically […]

  • Volkswagen has agreed to pay a fine of up to $15 billion for selling cars with software designed to cheat on emissions tests, according to a source familiar with the settlement.

    VW expected to announce $15 billion settlement in emissions-cheating scandal

    NEW YORK (CNNMoney) — Volkswagen has agreed to pay up to $15 billion for selling cars with software designed to cheat on emissions tests, according to a source familiar with the settlement. Details are expected at a press conference at 9:30 am ET on Tuesday, the company confirmed. Volkswagen originally faced up to $18 billion in fines for violating the U.S. Clean Air Act, and has said it’s already set aside that much money to deal with the case. VW […]