| UPDATED: 5/25/17 10:46 am ET - adds details

Prosecutors investigate Bosch employees in Daimler probe, report says

German prosecutors who searched Daimler's offices this week as part of a probe into diesel pollution are also investigating employees at Bosch, a report said.

| UPDATED: 5/23/17 9:46 a.m. ET - adds Ford comment

Ford to build an 8-speed transmission in Michigan

Ford will build an eight-speed front-wheel-drive transmission, downsized from a planned nine-speed, at a Michigan plant.

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U.S. new-vehicle sales are expected to rise very slightly in May from a year ago, narrowly snapping the industry's streak of four consecutive monthly declines. But one forecaster is cutting its outlook for the year after the spring selling season has come in weaker than anticipated.

| UPDATED: 5/23/17 9:46 a.m. ET - adds Ford comment
Ford's leadership reboot brings focus on Europe

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TI's Bill Kozyra: 'What does the car give back?'

Whipping a high-revving sports car or a torquey low-revving Detroit muscle car around a track at high speeds is a form of therapy for Bill Kozyra, CEO of TI Automotive, a Tier 1 supplier of fuel system parts.

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