Interiors supplier AGM being acquired by Flex Ltd.

Flex Ltd. is buying automotive supplier AGM Automotive. AGM, headquartered near Detroit, supplies interior systems including overhead consoles, interior lighting, electronic components and carpet.

 

KAR Auction's Q4 net income drops despite gain at ADESA

UPDATED: 2/22/17 4:17 pm ET - adds stock close

ADESA parent company KAR Auction Services reported a 5.8 percent decline in fourth quarter net income on higher service costs and selling and administrative expenses.

Lexus, Porsche rank as most-dependable brands, J.D. Power says
UPDATED: 2/22/17 2:25 pm ET -- adds correction

Lexus and Porsche are the most dependable brands after three years of vehicle ownership, while Toyota leads non-premium labels, according to a J.D.

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