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Why was Ford CEO Mark Fields fired – err, retired?

Why was Ford CEO Mark Fields fired – err, retired?

The automotive industry suffered a massive twist of events this week when Ford’s president and CEO Mark Fields officially retired after just three years into his mandate, being replaced with a rather unknown manager – Jim Hackett. Fields technically retired – but we all know he was actually fired – […]

Report – Volvo might retire diesel technology

Report – Volvo might retire diesel technology

The Swedish automaker is reportedly considering whether to develop a new range of diesel engines to act as replacements of the current generation powerplants or ditch them altogether. According to the company’s chief executive, the brand might stop the development of the technology because of the surging costs of meeting […]