Ford doubles cost-cutting plan; Q1 earnings rise 9 percent
DETROIT -- Ford Motor Co. on Wednesday said it has nearly doubled its cost-cutting target by 2022 from the plan it laid out only six months ago and committed itself to either fixing or eliminating unprofitable portions of the business.
VW reaches $33.5 million diesel emissions settlement with Maryland
Volkswagen has reached a $33.5 million settlement with Maryland over state claims related to the German automaker's excess emissions, court documents show.
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