Tesla must complete brake fix to regain top safety rating, Consumer Reports says

Tesla needs to complete fixing its Model S sedan emergency braking system to regain Consumer Reports' top safety rating, the magazine said on Friday, noting that a recent update by the luxury electric car maker was not enough.


VW will spend billions to strengthen engines portfolio

VW plans to invest billions through 2022 to enhance its combustion engines and electric drivetrains in anticipation of stricter emissions standards in the U.S., Europe and China.

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Tesla looks to Mexico to lure engineers for California plant

Tesla has been actively hiring for assembly-line jobs as it prepares to launch U.S. output of the Model 3. But finding manufacturing engineers, who are in even shorter supply than software engineers in Silicon Valley, has been a tougher challenge.

| UPDATED: 4/27/17 4:20 pm ET - adds stock close
Visteon triples Q1 net income

Visteon reported that its first-quarter net income more than tripled, reflecting higher electronics production volume and new business, as well as income from discontinued operations.

| UPDATED: 4/27/17 4:19 pm ET - adds stock close
BorgWarner Q1 gains driven by organic growth

BorgWarner delivered strong first-quarter earnings driven by organic revenue growth, and the supplier said it is confident in continued market-share expansion.

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