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GM to invest $100 mln for building self-driving cars

GeneralMotorsCosaidonThursdayitwillinvestmorethan100millionUSdollarsintwofacilitiesasitpreparestobuildproductionversionsofitsCruiseself-drivingcarnextyearatitsO

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Toyota sells all shares in Tesla as their tie-up ends

ToyotaMotorCorpsaidonSaturdayithadsoldallsharesinTeslaIncbytheendof2016,havingcancelleditstie-upwiththeU.S.luxuryautomakertojointlydevelopelectricvehicles.Japan

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Ford set to cut workers in North America, Asia

Ford Motor Co. will cut 1,400 salaried workers in its North America and Asia Pacific operations by the end of September.