The two automakers will become equal owners of Argo AI, a robocar firm that was majority-owned by Ford, with plans to put autonomous vehicles on the roads in the U.S. and Europe.
In his 32-year career at Ford and then Chrysler, Iacocca helped launch some of Detroit’s best-selling and most significant vehicles, including the minivan, the Chrysler K-cars and the Ford Escort.
Donald Trump says he is placing a 5% tariff on Mexican imports, effective June 10, to pressure the country to curb immigration into the U.S. by undocumented migrants.
Theresa May admitted defeat in her attempt to take Britain out of the European Union and sparked a contest to become the country’s next prime minister.
A federal judge has ruled that Qualcomm unlawfully squeezed out rivals in the cellphone chip market and charged excessive royalties to cellphone manufacturers such as Apple.
