| UPDATED: 3/23/17 12:39 pm ET - adds details

Ford expects lower profits in 2017 with most of the hit in Q1

Citing front-loaded product launch costs and engineering expenses, Ford said that much of the year-over-year decline it expects from its 2017 financial performance will occur in the first quarter.

| UPDATED: 3/23/17 11:37 am ET - adds details

Mercedes faces complaint from China's Chery over EQ name

Chinese automaker Chery has filed a complaint with the country's trademark regulator over Mercedes's use of the "EQ" name for a subbrand of electric

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