Future Product

Mitsubishi Materials says units falsified product data for cars

Mitsubishi Materials said its subsidiaries falsified data about products, including parts for cars, for at least a year. It is the latest in a series of quality assurance scandals in Japan.

Key VW shareholder Lower Saxony will keep stake in automaker

VW's second-largest shareholder, Lower Saxony, said it would retain its stake in the automaker despite a call for changes in the way the company is managed.

UPDATED: 11/15/17 4:15 pm ET - adds stock close
GM aims to sell 1M EVs annually by 2026; next-gen vehicles start in 2021

GM expects its electrified vehicle business to be profitable with the launch of the next-generation EV platform in 2021 and with annual global EV sales of 1 million by 2026, CEO Mary Barra says.

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