Ford issues recall for 402,000 vans, will take $142 million charge

Ford issued three recalls in North America, led by a callback of 402,462 Transit vans that will cost the company $142 million. Ford said the affected vans have a faulty driveshaft flexible coupling.


VW debt outlook raised to stable from negative by Fitch

Volkswagen Group's debt outlook was raised to stable from negative at Fitch Ratings, which said the bulk of operational and financial risks from the carmaker's diesel-emissions scandal are now known.

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