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GM now expects $5.5B charge from its sale of Opel

Additional costs mean GM now expects the charge for its sale of Opel to PSA to reach $5.5 billion, GM finance chief Chuck Stevens said.

Volvo, Autoliv deepen self-driving ties with Nvidia

Volvo and Autoliv are deepening their ties with chipmaker Nvidia in a move intended to help the automaker meet its goal of having an autonomous vehicle on the road by 2021.

VW will reduce management ranks in cost-cutting move

The VW brand plans to thin out its management ranks using the same early-retirement schemes offered to rank-and-file workers.

UPDATED: 06/26/17 8:53 am ET - adds details
Japan's automakers say it will be difficult to recoup billions spent recalling Takata airbags

Toyota, Nissan, Honda and Mitsubishi said Takata's filing for bankruptcy protection will make it difficult for them to recoup billions of dollars they have spent to recall defective airbag inflators.
■ Takata's likely Chinese owner poised to emerge as key player in auto safety
■ Key wants continuity as Takata owner
■ GALLERY: Takata bankruptcy press conference

Aston Martin scales back plans for Tesla rival after losing LeEco backing

Aston Martin has scaled back production plans for its first electric model, the RapidE, after investment partner LeEco pulled out of the project.

UPDATED: 6/26/17 4:26 pm ET - adds stock close
Waymo inks deal for Avis to manage self-driving car fleet

Waymo has reached an agreement for Avis to manage its fleet of autonomous vehicles. It's the first such deal in a field that's still fledgling but exploding with partnerships.
■ Apple working with Hertz to manage small autonomous fleet

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Carvana notches wins on Wall Street

The used-car retailer, known for its vending machines, says it has a clear path to profitability and a strong brand that's making an impression.

Why used-car pricing indexes vary

Manheim's used-vehicle price index suggests that used prices are rising. Why is this key indicator diverging from other important pricing indexes?

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