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UPDATED: 7/27/17 9:47 am ET - adds details

FCA Q2 operating profit rises 15% on N.A., Maserati gains

Fiat Chrysler's second-quarter operating profit rose 15 percent to $2.19 billion, despite roughly flat shipments and revenue. FCA was able to do so with higher margins in North America and gains at Maserati.

For GM and Ford, home is where the profits are

North America is increasingly where the earnings are for Detroit's biggest automakers. But that's a source of heartburn as U.S. sales stall after seven straight years of growth. Other signs of trouble have emerged: Ford's latest North American operating margin declined to 9 percent from 11.3 percent a year earlier.
■ Ford profit edges up on lower tax rate

UPDATED: 7/27/17 2:25 am ET - adds hybrid detail
U.K. to ban sales of gasoline, diesel cars starting 2040

The United Kingdom, aiming to reduce harmful NOx emissions, is the latest European country after France to focus on electric vehicles for future transportation.

VW profit jumps as core brand pushes cost cuts, models

VW Group's profit jumped to 4.55 billion euros ($5.34 billion) in the second quarter, helped by cost cuts and higher-margin new models at its core VW brand.
■ VW plans software update for 4 million cars to cut emissions

UPDATED: 7/26/17 5:57 pm ET - adds details, photo
Ex-FCA labor chief Iacobelli, widow of UAW VP charged in lucrative conspiracy

A U.S. grand jury in Detroit charged former FCA labor chief Alphons Iacobelli and the widow of a deceased UAW vice president in a broad conspiracy to pocket illegal money and gifts.
■ Holiefield, future wife received $1.2 million from worker training funds, indictment says
■ UAW hires outside counsel to lead internal investigation
■ Indictment says former UAW president confronted Holiefield, Iacobelli

Nissan posts 13% drop in Q1 profit on higher expenses, incentives

Nissan posted a 13 percent drop in quarterly operating profit, as a rise in marketing and selling expenses, including incentives, offset a rise in global vehicle sales.

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Restated FCA sales show some big swings

A review of the data points to a company that either didn't accurately know what it was selling month to month or was playing fast and loose with its fleet sales.

Giving in to Demon temptation

Some, but not all, Dodge dealers are seeking market adjustments that would nearly double the price for the limited-edition drag racer.

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