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Shares of Tesla are down sharply after a report that the company asked suppliers for refunds to help it turn a profit.

The Latest on Fiat Chrysler Automobiles CEO Sergio Marchionne (all times local): 6:35 p.m. Fiat Chrysler Automobiles' board of directors has recommended that Jeep executive Mike Manley replace seriously ill Sergio Marchionne as CEO of the automaker.

The boards of Fiat Chrysler, Ferrari and CNH Industrial have been called to meet in Italy in light of CEO Sergio Marchionne's surgery.

Mike Manley will replace Sergio Marchionne as CEO of Fiat Chrysler Automobiles

Fiat Chrysler, Ferrari and CNH Industrial board members were called to an urgent meeting Saturday.

Japan's Prime Minister Shinzo Abe has warned the U.S that higher tariff on auto imports would backfire and harm not only America's jobs and economy but also devastate the global economy.

Federal safety investigators are looking into complaints that engines on some Ford Escape vehicles can overheat and suddenly stall while being driven.

The British sports car maker introduced the Volante Vision Concept at the Farnborough Airshow.

Musk drew scrutiny on Twitter for donating nearly $40,000 to a political committee with GOP ties.

The electric automaker announced last week that customers would begin to lose a $7,500 tax credit starting next year.

Trump has argued trade barriers are needed to pressure manufacturers to build more goods in the U.S. and expand factory jobs.

The affected vehicles may get stuck in another gear after the driver shifts into park.

U.S. industrial production rebounded last month after being dragged down in May by a fire at an auto parts plant.

Ford has agreed to spend up to $299 million to settle lawsuits filed by owners of about six million vehicles with potentially deadly Takata air bag inflators.

The U.S. government's road safety agency is urging automakers to speed up replacement of potentially dangerous Takata air bag inflators.