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GM expands testing, production of self-driving cars in Michigan
DETROIT General Motors Co (GM.N) Chief Executive Mary Barra said on Thursday the automaker will expand testing of self-driving vehicles to Michigan, and will build its next generation of self-driving cars in the Michigan plant that builds the Chevrolet Bolt electric car.Separately, Barra declined to discuss a statement by a
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Nissan CEO sees record sales in 2017 despite market volatility
YOKOHAMA, Japan Nissan Motor Co (7201.T) Chief Executive Carlos Ghosn said on Friday he expected the Japanese automaker to post record sales in 2017, which would be a strong year for the auto industry despite volatility in currency and commodity
Wells Fargo bogus accounts balloon to 3.5 million: lawyers | Reuters
Wells Fargo & Co (WFC.N) may have opened as many as 3.5 million unauthorized customer accounts, far more than previously estimated, according to lawyers seeking approval of a $142 million settlement over the practice.The new estimate was provided in a
Multinational firms dumping Venezuela operations in fire sales
By Corina Pons and Eyanir Chinea | CARACAS CARACAS Multinational companies are selling their Venezuelan operations at hefty discounts - or
