Ford Motor Co. plans to spend roughly $740 million renovating Detroit's long vacant train depot and redeveloping other area properties for research and development of self-driving vehicles .The Dearborn-based company in June used the Michigan Central depot

Ford is recalling more than 953,000 vehicles worldwide to replace Takata passenger air bag inflators that can explode and hurl shrapnel. The move includes 782,000 vehicles in the U. S. and is part of the largest series of recalls in...

A veteran executive who has led Ford's Lincoln luxury brand will now head American operations, replacing an executive who was ousted this week over allegations of inappropriate behavior.Kumar Galhotra , 52, will replace Raj Nair starting March 1, the compa...

As tax credits begin to expire for some automakers and the electric-car industry begins to lobby to extend them, the Trump administration plans to end them altogether. President Donald Trump's Chief Economic Adviser Larry Kudlow told Reuters that the administration...

Ford's aging Explorer big SUV is getting a major revamp as it faces growing competition in the market for family haulers with three rows of seats. The company unveiled the new version Wednesday night at Ford Field, home of the...

Nissan Motor Co. announced Thursday that it's cutting up to 700 contract workers at its Mississippi assembly plant, citing slowing sales for vans and Titan pickup trucks that it makes there. The move follows Nissan's December announcement that it's cutting...

Ford Motor Co. , which has struggled overseas and saw U. S. sales fall last year, reported its first quarterly net loss in two years Wednesday. The Dearborn, Michigan, company said it lost $116 million, or 3 cents a share,...