Analysts at Lux Research are taking a decidedly measured view of Tesla CEO Elon Musk’s recent assertions of Tesla’s technical capability and leadership in the field of autonomous driving.
With the release of “Autopilot” , Tesla has caught up with competitors, but “certainly hasn’t” passed them, according to Lux.
Mark Fields’ biggest management shuffle since taking over as Ford CEO involves a job swap for two key deputies — Jim Farley and Stephen Odell — who bring very different strengths to their new roles.
By Andreas Cremer
Porsche expects to sell out of its most expensive model ever by early December, bolstering earnings as the sports car maker grapples with rising capacity and technology costs.
By Mari Saito and Maki Shiraki
Takata Corp, whose potentially defective air bags have been linked to four deaths in the United States, warned of a bigger full-year loss and skipped its dividend – the first time it did not offer a payout since it listed in 2006.
Ford said new Europe chief Jim Farley is tasked with accelerating the automaker’s turnaround in the region, where it expects to lose $1.2 billion this year.
