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NGK Spark Plug's U.S. unit names new CEO

Japanese auto supplier NGK Spark Plugs (USA) Inc. said it named Yoshitaka Narita as its new president and CEO.

Toyota, Uber form ride-sharing alliance

UPDATED: 5/24/16 5:42 pm ET - adds details

Toyota is partnering with Uber to explore ride-sharing opportunities and will make a strategic investment in the company. It is the latest in a wave of high-profile partnerships between carmakers and ride-sharing services as technology disrupts the way consumers get around.

BMW targets 2021 for its electric, self-driving car

BMW will launch its iNext electric, self-driving car in 2021, CEO Harald Krueger said.

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