Business and Finance
VW's U.S. settlement to grow to $15 billion in emissions scandal, report saysMon, 27, Jun 2016
Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter told Reuters on Monday.
VW owners to get buyback price plus at least $5,100 in U.S. dealTue, 28, Jun 2016
VW's decision to cheat on the 2.0-liter diesel vehicles it made the cornerstone of its U.S. vehicle lineup will cost the company nearly $15 billion in far-reaching settlements with purchasers of those cars and the U.S. government.
Fiat Chrysler rollaway recall linked to 68 injuries, 266 crashesTue, 28, Jun 2016
U.S. safety regulators said on Tuesday there were 68 reported injuries and 266 reported crashes in vehicles, including 2014-2015 Fiat Chrysler Jeep Grand Cherokee models with a type of gear-shifting control that has confused some consumers and led to rollaway incidents, prompting a recall.
Automakers rank high on annual ad-spending listTue, 28, Jun 2016
The Detroit 3 held their top-10 rankings unchanged on Advertising Age's list of the 200 Leading National Advertisers for 2015. Most other automakers slipped, as companies such as Amazon, Expedia and Merck climbed.
UAW members unanimously ratify contract with supplier SakthiTue, 28, Jun 2016
UAW workers at aluminum castings supplier Sakthi Automotive Group unanimously agreed to their first collectively bargained contract.
Q&A on Volkswagen scandal settlementTue, 28, Jun 2016
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.
UAW cancels strike after tentative agreement reached with supplier SakthiFri, 24, Jun 2016
The UAW and aluminum castings supplier Sakthi Automotive Group agreed on Thursday to a tentative labor agreement after the union earlier this week threatened a strike.
Lincoln to provide free pickup, delivery for service vehiclesTue, 28, Jun 2016
Lincoln, in a bid to stand out among larger luxury brands, will provide free pickup and delivery of service vehicles to new owners starting with 2017 models.
Toyota Camry returns to No. 1 on 'most American' listTue, 28, Jun 2016
For the second year in a row, a familiar face is atop a “most American” list. The Toyota Camry took the top spot for the 10th annual Cars.com American-Made Index. The Camry has topped the Cars.com index six times.
Citroen seeks salvation in new wave of quirky carsTue, 28, Jun 2016
Citroen went from oozing elegance and quirky charm to producing vehicles that lacked the panache of their ancestors. The arrival of the C4 Cactus rekindled Citroen's spark. CEO Linda Jackson aims to capitalize on this momentum with new design that's somewhere "between different and bizarre."
Uber, Lyft settle litigation involving top executivesTue, 28, Jun 2016
Rival ride services Uber and Lyft have settled high stakes litigation involving two of their top executives, court filings show, in advance of a trial that could have aired sensitive details about both companies.
Limited editions mark Viper's final yearMon, 27, Jun 2016
The Dodge Viper will head into the paddock permanently in 2017 but not before the brand offers five limited editions of the hand-built sports coupe.