The Mercedes EQS will produce attractive profits but still lag the returns generated by its combustion engine-powered sibling, the S-Class, CEO Ola Kallenius said.
Toyota has begun selling its most advanced automated driving system to date in a refreshed Lexus LS sedan and will soon expand deployment to the Toyota Mirai fuel cell vehicle.
Even before the new Bronco goes on sale, some dealers are planning to turn the SUV and its offshoots into essentially a third brand for Ford.
The brand's generous parental leave policy sets a benchmark for the U.S. auto industry, and for employers everywhere.
SK Innovation agreed to settle with its Seoul-based rival LG Energy, a unit of LG Chem Ltd., to avert a 10-year import ban of its batteries into the U.S.
