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General Motors' first-quarter net income fell 60 percent, but the company handily beat Wall Street estimates as U.S. sales rose.

Carmaker Fiat Chrysler Automobiles has reported a 60 percent rise in net profit for the first quarter of 2018.

Profits have slipped at automaker Volkswagen in the first quarter due to a change in accounting rules, but sales increased and the company recorded no significant additional losses from its diesel emissions scandal.

Departure of the Autopilot head is the latest issue facing the automaker.

Ford Motor Co.'s Australian subsidiary has been fined 10 million Australian dollars ($7.6 million) by an Australian court for mishandling customer complaints about faulty automatic transmissions in thousands of cars.

Volkswagen says without the accounting change, the company's operating profit would have topped that of a year ago.

Hyundai Motor says its first-quarter profit has plunged to the lowest level in more than eight years as sales dwindled in the United States and China.

Ford's net income rose slightly in the first quarter due largely to a lower income tax rate.

The widow of maverick automaker John DeLorean alleges a Texas company has illegally received money from the "Back to the Future" movies that used his iconic car.

Ford Chief Financial Officer Bob Shanks told FOX Business that the automaker held tight on cost, but rising metal prices resulted in higher commodity expenses for the quarter.

Maryland has reached a multimillion-dollar settlement with Volkswagen AG and two of its affiliates for using devices in cars that violated the state's environmental laws.

Ford's car portfolio in North America will only include the Mustang and Focus Active.

The automaker recently announced job cuts at an Ohio plant that makes small cars.

General Motors is adding a shift at a Tennessee factory that makes GMC and Cadillac SUVs, putting about 700 people to work.

The automaker recorded U.S. sales growth in the first quarter, but investors are wary of higher costs.

Volkswagen and Nissan have unveiled electric cars designed for China at a Beijing auto show that highlights the growing importance of Chinese buyers for a technology seen as a key part of the global industry's future.

The automaker has undertaken an effort to improve its financial 'fitness' under new CEO Jim Hackett.

Dealers will replace electric coolant pumps free of charge.