Ford's Q1 results will set tone for rough '17

Higher parts costs for newly launched vehicles add to the pressures on Ford's earnings, which have been dinged by recalls and technology investments.

China's luxury market to grow to 3M a year, Audi, Mercedes predict

China's premium market will grow to about three million cars a year, Audi and Mercedes executives predicted. Audi is China's best-selling luxury brand but is losing ground to Mercedes.