GEs $31 Billion Problem

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John Flannery scarcely needs any more headaches. But at a time when General Electric Co . is facing what amounts to an existential crisis, a $31 billion inadequacy in its pension plan may involve any turnaround that involves a breakup of the 126 -year-old icon of American capitalism. Divvying up the obligations won’t be easy. […]

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Ford Says Farewell to Mass-Market Cars

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Ford Motor Co ., the 114 -year-old automaker that threw “the worlds” on rotations, is turning away from its original goal of selling sedans to the masses. The company responsible for launching the modern carmaking period with Henry Ford’s assembly line will pivot away from has become a full-line automaker, flinching its passenger-car lineup and […]

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Ford Warns Profit Will Drop This Year

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Ford Motor Co . cautioned gain will fall this year as Chief Executive Officer Jim Hackett wastes heavily to catch up with challengers making electrified vehicles to market. The U.S. automaker projection adjusted earnings of $1.45 to $1.70 a share this year, down from about $1.78 last year. While Wall street had been expecting a […]

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Tesla’s Model 3 Challenges Leave Little Wiggle Room on Cash

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Tesla Inc.pushed back a key production target for its pivotal Model 3 sedan again, conjuring questions about whether the electric-car producer may need to raise more cash. The Elon Musk-led fellowship now expects to assemble 5,000 Model 3s a few weeks by the end of June, retarding plans to reach that milestone by another 3 […]

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Automakers Plan Electric Car Blitz as Tesla Burns Billions

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Here are two actualities that dare logics: By the end of the year, electric-car manufacturer Daimler AG and Volkswagen AG. General Machine Co. developed the bets Monday by James Dyson is going into the game, announcing last week that he’s investing two billion pounds ($ 2.7 billion) to develop an electric car and the artilleries […]

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