Hertz shares bear brunt of 'freak out' over used-car price drop

As investor concern spreads about the plunging prices of used cars in the U.S., one company and its top investor are enduring the biggest beating: Hertz and Carl Icahn.


Volvo says lab fire won’t affect production

A fire broke out on Tuesday in a building housing an auto battery laboratory at Volvo's plant in Sweden.


Adient to work with Boeing on airplane seating

Automotive seating supplier Adient said it will work with Boeing to explore how to improve commercial airplane seating and interiors.

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