Ford will record $295 million Q1 hit from two N.A. recalls

Ford said it will take a $295 million hit to its first-quarter earnings from two recalls announced Wednesday, one involving engines that could catch fire and the other involving a persistent door latch problem.

| UPDATED: 3/29/17 7:03 am ET -- adds details
Daimler accelerates electric-car goal

Daimler says it expects to bring more than 10 new electric cars to the market by 2022, bringing forward a goal it had previously set at 2025.

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