NAAA survey shows 2016 was record year for used vehicles

The National Auto Auction Association's annual survey found 2016 was a record year in units and dollars paid for used-vehicle auctions.

Autoliv to consolidate four operations into single site near Detroit

The North American unit of Sweden's Autoliv plans to invest $22.6 million to consolidate four operations into one location near Detroit.

UPDATED: 6/28/17 10:41 am ET - adds details
Ford issues recall for 402,000 vans, will take $142 million charge

Ford issued three recalls in North America, led by a callback of 402,462 Transit vans that will cost the company $142 million. Ford said the affected vans have a faulty driveshaft flexible coupling.

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