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Trump’s interest in rejoining TPP comes as some U.S. business leaders are worried about trade relations with China.

German automaker Volkswagen is creating a new management structure it says will enable faster decision-making as autonomous and electric cars transform the industry.

Additions include an “emergency button” on the company’s app.

Automaker Volkswagen is replacing CEO Matthias Mueller and announcing a new management structure it said would enable faster decision-making as autonomous and electric cars transform the industry.

Volkswagen is reorganizing its businesses into six units under new CEO Herbert Diess.

The agency says the company prematurely released information.

Hino Motors, Toyota Motor Corp.'s group truck manufacturer, and Volkswagen Truck & Bus of Germany say they have agreed to work together in a partnership on technologies like hybrids, electric cars, autonomous driving and connectivity.

Takata Corp., the Japanese air bag maker embroiled in a massive recall, says the acquisition by U.S. mobility safety company Key Safety Systems has been completed, and the president resigned.

The electric car maker is struggling to ramp up production of its newest vehicle.

The investment bank’s reduced 12-month forecast suggests that the company’s stock could fall 36%.

Stocks are rising on Wall Street Tuesday after Chinese President Xi Jinping offered possible concessions in a trade dispute with the U.S. Xi promised to reduce China's tariffs on imported cars and to improve intellectual property protection, steps that could help the U.S. and China reduce recent tensions over trade.

China imposes a 25% tariff on cars shipped from the U.S. to China.

Stocks that moved substantially or traded heavily Tuesday: Ford Motor Co., up 20 cents to $11.45 Automakers rose after Chinese President Xi Jinping said he would reduce tariffs on imported cars.

President Xi Jinping has promised to cut China's auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington.

The union reported that it spent at least $422,000 in 2017 on items pertaining to its “Tesla campaign.”

If a trade dispute between the U.S. and China escalates and both countries raise tariffs, American automakers won't suffer that much.

The statement said board of directors head Hans Dieter Poetsch was in discussions with top managers about how their responsibilities are divided.

The debt heavy auto parts company Federal-Mogul, owned by Carl Icahn's company, is being sold in a deal worth about $5.4 billion.