VW may seek damages from Winterkorn over emissions violations

Volkswagen is reviewing whether to seek damages from former CEO Martin Winterkorn, who was at the helm when the company disclosed it had cheated on emissions tests, VW supervisory board member Stephan Weil told a newspaper.


Trump says 'getting there' in NAFTA talks with Canada, Mexico

President Trump said progress was being made in talks to update the NAFTA trade accord between the United States, Canada and Mexico, but he held out the prospect of striking bilateral pacts.

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Tesla suffers another fire at Calif. plant

A machine used for paper recycling caught fire late Thursday at Tesla's plant in Fremont, Calif., outside the company's main EV assembly line, but manufacturing was unaffected.

UPDATED: 6/22/18 1:38 pm ET - new story
Trump threatens 20% tariff on European Union cars

President Trump threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars, a month after the administration launched an investigation into whether auto imports pose a national security threat.

UPDATED: 6/22/18 1:19 pm ET - adds details
Russia may slap duties on U.S. cars, light trucks

Russia is the latest country to threaten the U.S. with retaliation for tariffs on metals imports, warning Friday that American cars could soon face higher taxes.

GM adjusts executive roles for Ammann, Reuss

General Motors is realigning responsibilities of two of its top executives, allowing GM President Dan Ammann to better concentrate on the automaker's development and deployment of autonomous vehicles. Ammann, who was already overseeing the operations, is relinquishing responsibilities for Cadillac and GM's global portfolio planning to product chief Mark Reuss.


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