Sales of utility vehicles of all kinds that are dominating the American are critical to the automaker's long promised "renaissance," Cadillac President Steve Carlisle said in an interview.
Test site will be located near the town of Belmullet, County Mayo.
After pulling out of the American market in the early 1990s due to poor sales, Fiat staged a comeback in 2011. Despite grand expectations, a number of analysts are questioning the flagship brand's long-term viability in the U.S.
Lindsay Partridge of Brickworks says the company couldn't grow further in Australia, so it was "inevitable" for the company to have to move offshore to the U.S. The situation in Australia was also "very challenging" because of high energy costs and a downturn in building, he says.
Tightening U.S. stockpiles, OPEC production cuts and American sanctions on Iran and Venezuela support oil prices.
U.S. crude inventories fall by 9.6 million barrels, compared with analysts' expectations for an increase of 309,000 barrels.
Iran is upping its game in Iraq as U.S. influence recedes, deepening ties with its neighbor to help offset U.S. sanctions.
The oil market will soon swing into undersupply, supporting Brent crude above $75 a barrel, Morgan Stanley forecasts.
The administration is granting Iraq a renewed 90-day waiver exempting it from U.S. sanctions on Iran, a State Department official told CNBC on Tuesday.
Ford is building a new plant in Michigan as the company realigns factories to focus on its future lineup of self-driving and electric cars.
President of Global Operations Joe Hinrichs told CNBC the company is moving quickly toward producing what it previously described as a "Mustang-inspired" all-electric SUV that will be in showrooms next year.
Manuel Quevedo made the comments at the Joint Ministerial Monitoring Committee Meeting (JMMC) in Baku, Azerbaijan on Monday.
Mike Kelly, Seaport Global Securities, joins 'The Exchange' to discuss energy stocks he's watching after oil prices hit their highest in four months.
"Futures Now" traders Jim Iuorio of TJM Institutional Services and Brian Stutland of Equity Armor Investments discuss whether crude oil could be seeing a comeback. With CNBC's Seema Mody.
The ongoing fire at Intercontinental Terminals petrochemicals storage facility in Deer Park, Texas, intensified overnight.
New U.S. steel capacity will swamp the market and drag on steelmakers' profit margins, Bank of America Merrill Lynch says.
A raging fire at a petrochemical storage terminal near Houston spread to two more massive tanks after firefighting water pumps stopped working for six hours, the company said on Tuesday.
The facility will be Iberdrola's first photovoltaic plant in Europe.
Remarks from James Bevan paint a stark picture of the future.
OPEC and its allies will not make a decision to extend production cuts in April, giving the group more time to assess the oil market.