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Ford to petition to avoid U.S. recall of 2.5 million vehicles

Ford wants to avoid a U.S. recall of about 2.5 million vehicles with Takata airbag inflators that the Japanese auto supplier declared defective last week.

GM puts the brakes on portions of headquarters project

GM has mothballed plans for one of the more eye-catching portions of its 120,000-square-foot addition and renovation of its world headquarters, the Renaissance Center in downtown Detroit.

U.S. lawyers suing Volkswagen get $300 million in fees, costs

A U.S. judge approved $125 million for lawyers who sued VW on behalf of owners of 88,000 3.0-liter diesel vehicles over excess emissions. Lawyers got another $175 million in a previous related case.

Fisker, emerging battery supplier Nanotech end JV

A joint venture between Henrik Fisker's new car company and an emerging battery supplier was unplugged before it could ever charge up.

Diesel rescue plan reached in Germany, report says

Automakers and politicians in Germany have agreed to clean up diesel vehicles through software updates as part of a rescue plan for avoiding diesel bans in cities, Reuters reported.
■ Audi to recall 850,000 diesel cars to update emissions software
■ German carmakers may have colluded on diesel systems, report says

Ford overhauls design with 2 key teams

Ford is shaking up its design staff to shorten product development cycles and better define the group's overarching strategy with the formation of two key staffs: one covering cars and crossovers, and another handling trucks, SUVs and commercial vehicles.

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Ford overhauls design with 2 key teams

Ford is shaking up its design staff to shorten product development cycles and better define the group's overarching strategy with the formation of two key staffs: one...

Autoliv Q2 net income drops 13.5%

Autoliv said its net income dropped 13.5 percent during the company's second quarter from a decline in North American and Chinese auto production.

Ford delays some GT deliveries

Ford has delayed delivery of some GT supercars following supplier constraints and homologation testing issues as part of an extended production ramp-up.

Volvo to take stake in Lynk & CO

Volvo will take a stake in sibling brand Lynk & CO, which will rely heavily on Volvo as it prepares to start European and U.S. sales.

Suppliers still wary of border tax

Many Republicans have expressed skepticism or opposition toward the border adjustment tax, but House leaders still are expected to pursue the tax.

Leasing slips in first half

Leasing fell in the first half of this year from the year-earlier period, the first such drop since the first half of 2012, Edmunds said.

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