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General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul.

General Motors says it will build a new vehicle at its plant in Kansas City, Kansas.

A Delaware judge has approved the bankruptcy reorganization plan submitted by Japanese auto-parts supplier Takata.

French carmaker Renault says it had record profit and sales last year, boosting its shares and CEO Carlos Ghosn's bid to keep his job.

Fiat Chrysler is recalling about 229,000 Ram trucks, mostly in North America, because they can be shifted out of park without a key in the ignition or a foot on the brake.

Fiat Chrysler is recalling about 229,000 Ram trucks, mostly in North America, because they can be shifted out of park without a key in the ignition or a foot on the brake.

Automaker Volkswagen says it had its best January sales on record, with a 10 percent jump over a year ago thanks to rebounds in Brazil and Russia on top of a continuing strong performance in China.

Lexus is the most dependable vehicle brand for the seventh consecutive year in J.D. Power's annual survey.

General Motors, the largest U.S. automaker, said a restructuring in South Korean plants could ultimately impact parts of its global operations.

General Motors says it will close an underutilized factory in Gunsan, South Korea, by the end of May as part of a restructuring of its operations.

General Motors said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia's fourth-biggest economy.

Ford Motor Co. is boosting production of its two largest SUVs.

The company cites added demand for its Ford Expedition and Lincoln Navigator lines of SUVs.

U.S. safety regulators have closed an investigation into leaky gas tank flanges, determining that recalls by three German auto brands took care of the problem.

Takata Corp's U.S. unit has reached a settlement with representatives of those injured by lethally defective air bags, paving the way for the company to exit Chapter 11 bankruptcy and move forward with a reorganization plan.

Desmarest's exit comes amid renewed tensions between Renault and the French government, which has been pressing Ghosn to recruit a second-in-command who could one day succeed him at the helm of the Renault-Nissan alliance.

The Japanese company's air bags can explode with too much force and have been linked to hundreds of injuries and at least 21 deaths, prompting the largest recall in automotive history and forcing Takata and its U.S. unit, TK Holdings Inc, into bankruptcy.

The electric car maker has struggled to accelerate deliveries of the Model 3.

For the third time in the past three years, General Motors has asked the U.S. government for permission to avoid recalls of potentially deadly Takata air bag inflators.