OFFER ENDS TODAY:
Save 45% on a subscription.
| UPDATED: 4/27/17 7:39 am ET - adds details

Ford profits fall on recall charges, higher costs

Ford reported first-quarter net income of $1.6 billion, down $900 million from a year earlier, as revenue rose and profit margins shrank. Pretax earnings were $2.2 billion, down $1.6 billion, or 42 percent, from a year earlier, when Ford posted its best quarter in the company's 114-year history.

| UPDATED: 04/27/17 3:12 am - adds Takata statement
Takata stock trading suspended after reported bankruptcy filing plan

Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection.

Newsletters