Tag Archives: million

Fields could walk away from Ford with $57.5 million

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by Niklas Emmerich Photography Former Ford CEO Mark Fields, ousted by the board after the automaker’s stock declined 37 percent on his watch, could walk away with about $ 57.5 million in compensation. … Automotive News Breaking News Feed

Nissan finance ordered to pay ex-dealer $256 million for fraud

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by Zixii After years of legal wrangling, ex-Nissan dealer Mike Kahn has been awarded $ 256 million by a jury against Nissan Motor Acceptance Corp. … Automotive News Breaking News Feed

Ford will invest $350 million to build new fwd transmissions

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by inkknife_2000 (7.5 million views +) Ford said it is investing $ 350 million in a suburban Detroit plant to support a new transmission for front-wheel-drive vehicles. The move will create or retain 800 jobs. … Automotive News Breaking News Feed

Fiat Chrysler recalling 1.25 million pickups for software error

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by Zixii Fiat Chrysler said it is recalling more than 1.25 million pickups worldwide to address a software error linked to reports of one crash death and two injuries. … Automotive News Breaking News Feed

Honda plans $124 million wind tunnel test center in Ohio

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by madopal Honda said it will invest $ 124 million to create an aeroacoustic wind tunnel test center at the Transportation Research Center in East Liberty, Ohio. … Automotive News Breaking News Feed

Hyundai, Kia recall nearly 1.5 million sedans, crossovers for stalled engine risk

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by Sherlock77 (James) Hyundai and Kia plan recalls to inspect and, if needed, replace four-cylinder engine assemblies in as many as 1.2 million U.S. vehicles. … Automotive News Breaking News Feed