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: 11/3/17 11:42 am ET - adds details

Success at Lincoln puts Galhotra on fast track

CEO Jim Hackett appointed the engineer guiding Lincoln's revival as Ford's chief marketing officer amid a management shake-up that included the departure of four top executives.

Sign up for our daily newsletter

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