Rick Kranz

M&A activity declined in 2016, and now dealmakers eye Trump

The global auto industry looks healthy this year, but PwC says mergers and acquisition experts want to assess President Trump's influence on environmental rules, international trade and the overall economy before pursuing new deals.

 

Ford will offer parts for non-Ford vehicles

Ford Motor Co. is expanding its customer service division with a new Omnicraft brand of aftermarket parts to cover non-Ford and non-Lincoln vehicles.

VW's $1.21 billion emissions settlement with U.S. dealers OK'd by judge

UPDATED: 1/23/17 10:13 pm ET - adds details

U.S. District Judge Charles Breyer granted final approval to VW's settlement worth up to $1.21 billion with 650 U.S. dealers over diesel emissions violations. VW's dealers will receive an average of $1.85 million each over 18 months under the settlement.

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