This Could be the Make-It-Or-Break-It Year for Ford

This Could be the Make-It-Or-Break-It Year for Ford

It’s been a devastating year for the auto industry. The coronavirus pandemic is expected to result in a global sales decline of at least 20%, even as automakers wrack up record debt and fall into what one recent study described as a “profit desert.” Few companies have...
FCA Adds AWD to Special Edition 2020 Pacifica Minivan

FCA Adds AWD to Special Edition 2020 Pacifica Minivan

Fiat Chrysler continues to make its Pacifica minivan more capable, making all-wheel drive an available option on its 2020 Launch Edition model, ahead of its initial 2021 model-year reintroduction. Plans called for the brand to offer it next year, but the rise of...
Nikola Completes $700M Merger, Adds Girsky to Board

Nikola Completes $700M Merger, Adds Girsky to Board

Fuel cell technology leader Nikola Corp. completed its merger with VectoIQ Acquisition Corp. netting $700 million in cash, a new ticker symbol and some high-powered help in the form of a new board member. The deal, which was initially announced in March, just needed...