UPDATED: 7/27/17 9:47 am ET - adds details

FCA Q2 operating profit rises 15% on N.A., Maserati gains

Fiat Chrysler's second-quarter operating profit rose 15 percent to $2.19 billion, despite roughly flat shipments and revenue. FCA was able to do so with higher margins in North America and gains at Maserati.

VW plans software update for 4 million cars to cut emissions

VW Group will offer software updates for 4 million diesel cars in Germany to reduce emissions. Automakers are under pressure from German regulators and politicians to clean up diesel engines.

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.