#MORGAN

The Age of Ultium?

GM’s plans for an electric future don’t include a name change…yet

Car/Ride Sharing

Amazon to Buy Zoox Robo-Car Startup

Focus is automated ride-hailing, package delivery services

Business

The Girl Behind Germany's 120-Year-Old Luxury Automaker

A few hints, it’s not Gertie and it rhymes with ladies

Labor

UAW Touts Progress in Ford Contract Talks

The United Auto Workers union—now 18 days into a strike against General Motors Co. over a new labor contract—says negotiations with Ford Motor Co. are “progressing very well.”

Economics

GM, Ford Evaluate Possible Economic Slump

General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.

Hybrid

GM, VW Pivot from Hybrids to All-Electric Cars

General Motors and Volkswagen are phasing out work on future hybrid vehicles and going all-in on fully electric cars, says The Wall Street Journal.

Ex-Ford Official to Lead Credit Suisse Auto Tech Unit

Credit Suisse Group AG has hired Joe Heyer, formerly head of business development at Ford Motor Co., to head the investment banking firm’s new automotive technology sector.

Economics

VW to List Traton Shares on Two Exchanges

Volkswagen AG says it aims to list shares in its Traton AG commercial truck unit on exchanges in Frankfurt and Stockholm.

Economics

Tesla Stock Continue to Slide on Investor Worries

Shares in Tesla Inc. have plunged 45% since mid-December, mainly because of investor concerns about the level of demand for its critically important Model 3 electric sedan.

Economics

Report: Nio Blocked IPO Banks from Rival EV Makers

China-based electric-car developer Nio Inc. blocked the eight investment banks that handled its initial public offering from working with rival EV companies.

Business

Aston Martin Investor Buys Controlling Stake in Morgan Motor

Italian investment group Investindustrial has purchased a majority stake in British niche carmaker Morgan Motor Co.

Business

Report: Ford Restructuring Could Cut 25,000 Jobs

Ford Motor Co.’s $11 billion restructuring plan could eliminate 25,000 jobs worldwide, many of them in Europe, according to a Morgan Stanley.

Morgan Plans New Flagship Model

British niche carmaker Morgan Motor Co. is developing an all-new flagship model that will be launched in the mid-2020s.

Economics

Uber IPO Estimated at $120 Billion

Uber Technologies Inc. has received proposals from banks for an initial public stock offering valued at $120 billion, The Wall Street Journal reports.

Intelligence Expert Joins GM’s Board

General Motors Co. is adding Jami Miscik, a security and intelligence expert who heads New York-based geopolitical Kissinger Associates, to its board of directors.

Economics

Report: Lyft Hires IPO Advisor

Lyft Inc. has hired Class V Group to help plan for an initial public stock offering, sources tell Bloomberg News.

Economics

Musk Hires Morgan Stanley to Help Take Tesla Private

Tesla Inc. CEO Elon Musk has hired investment banker Morgan Stanley to help him pursue a plan to privatize the company, a source tells Bloomberg News.

Economics

Tesla Shares Jump on Morgan Stanley Speculation

Shares in Tesla Inc. jumped on Tuesday amid speculation that Morgan Stanley may join Goldman Sachs Group in advising the company about going private.

Labor

First Prison Sentence Handed Down in FCA-UAW Corruption Scandal

Monica Morgan-Holiefield, the widow of United Auto Workers union executive General Holiefield, has been sentenced to 18 months in prison for her role in a corruption scandal at Fiat Chrysler Automobiles NV.

Mobility

GM’s Mobility Vision

1. Zero crashes 2. Zero emissions 3. Zero congestion This vision leaves out a very important element: economics.

Economics

Geely Ponders IPO for Volvo Cars

Zhejiang Geely Holding Group Co. is analyzing a plan to launch an initial public offering later this year for its Volvo Car unit, sources tell Bloomberg News.

Labor

Fourth Suspect Pleads Guilty in FCA-UAW Corruption Scandal

The fourth person accused of participating in a scheme to siphon $4.5 million in job training funds from a joint Fiat Chrysler Automobiles-United Auto Workers union program has pleaded guilty.

Labor

Ex-FCA Official Pleads Guilty in Labor Training Fund Scandal

Alphons Iacobelli, a former head of labor relations for Fiat Chrysler Automobiles NV in the U.S., has pleaded guilty of stealing millions of dollars from an employee training fund.

Business

Conti to Restructure by Year-End?

Continental AG intends to restructure and sell a minority stake in at least one of the three businesses it creates, according to Manager Magazin.