industry

Ford boss says Americans need to ‘fall back in love’ with smaller cars | The automotive industry

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It’s time for the US to “fall back in love” with smaller cars, according to Ford’s chief executive. In a wide-ranging interview at the Aspen Festival of Ideas, Jim Farley said the auto industry should focus on smaller electric cars and commercial vehicles. He acknowledged that American consumers are “in love with these monster vehicles” … Read more

FTC opens investigation into Teva, escalating patent fight with pharmaceutical industry

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The Federal Trade Commission has opened an investigation into Teva Pharmaceuticals, citing the company’s refusal to drop about two dozen patents for its asthma and COPD inhalers, according to confidential agency documents reviewed by The Washington Post. The FTC last week sent a civil investigative demand — effectively a subpoena — ordering Teva to provide … Read more