Magna's Q1 profit rises on increased vehicle production, Getrag acquisition

Canadian auto supplier Magna International today reported an 8 percent rise in first-quarter profit, helped by an higher vehicle production in North America and Europe along with the completion of a major acquisition.

Automakers, states urge White House to reject plan to open spectrum

A group of more than 50 automakers, state transportation agencies and other groups today urged the White House and other federal policymakers not to immediately open a portion of the wireless spectrum reserved for connected vehicles.

Ford plans EV to compete with Chevy Bolt, Tesla Model 3, Fields confirms

Ford is developing an electric vehicle that would be competitive with the Chevrolet Bolt and Tesla Model 3, CEO Mark Fields said.

Sign up for our weekly newsletter

Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.