Q&A on Volkswagen scandal settlement

Volkswagen has agreed to offer nearly 500,000 owners of diesel vehicles it sold in the U.S. a choice between selling their cars back to VW, or waiting to see if the company can develop technology that brings the vehicles into compliance with pollution standards. The deal also includes cash compensation.

Ford's Indonesian dealers demand compensation after abrupt withdrawal

Ford's dealers in Indonesia are demanding around $75 million in compensation after the U.S. carmaker announced in January it would close all operations in Southeast Asia's biggest economy.

Penske, Group 1 assess the damage

Penske Automotive and Group 1 Automotive took an immediate stock-price hit in the wake of Britain's vote to exit the European Union. Earnings will

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