Takata to file for bankruptcy, be acquired by Key Safety

After more than a year of negotiations, Key Safety Systems has reached a deal to acquire Takata for $1.59 billion as part of a prepackaged bankruptcy in the U.S. and Japan.

FCA: 9th straight decline as Jeep struggles

FCA's May sales fell 0.9 percent as Jeep slid, but Ram topped Chevy's Silverado for the third straight month.

Sign up for our daily newsletter

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