Tag Archives: million

Fields could walk away from Ford with $57.5 million


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


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


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


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


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


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