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UK to ban fossil fuel-powered vehicles in 12 — 15 years

London - Britain will ban sales of new gasoline and diesel cars from 2035 - five years earlier than planned - heaping pressure on an auto industry that is already struggling to cope with a global sales slump and the fallout from Brexit.

Ford to phase out all but two cars it sells in North America

Dearborn - On Wednesday, Ford Motors announced that it had a first-quarter profit of $1.7 billion, adding that its traditional car lineup will be trimmed soon to just the Mustang and a new Focus Active crossover that comes out next year.

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