Ford to build an 8-speed transmission in Michigan

Ford will build an eight-speed front-wheel-drive transmission, downsized from a planned nine-speed, at a Michigan plant.

Lexus patient with fixed-price program

A year into the Lexus Plus no-haggle pricing program, the expected waves of dealers joining are only ripples. But brand executives say a slow and steady pace has its benefits.

| UPDATED: 5/20/17 8:46 am ET - adds details
| UPDATED: 5/19/17 4:21 pm ET - adds stock close

Daicel, Toyoda Gosei plan capital tie-up to expand airbag businesses

Japanese suppliers Daicel and Toyoda Gosei said they will invest in each other's equity, deepening ties as both companies expand their airbag businesses.

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