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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.

Under pressure from U.S. safety regulators, Harley-Davidson is recalling nearly 175,000 motorcycles because the brakes might fail.

Small business owners may want to hand out bonuses and raises now that there's a new tax law, but many don't know if they'll have any wealth to share.

Electric cars have a lot of perks: zero emissions, a quiet ride and instant acceleration.

The wife of a late union official has pleaded guilty to a tax crime in a federal corruption investigation at a training center run by Fiat Chrysler and the United Auto Workers.

A $7.3 billion accounting charge pushed General Motors into a $3.9 billion net loss for 2017, but without the expense the company posted record per-share earnings.

Toyota is seeing a nearly doubling of profit for the fiscal third quarter, and it lifted its annual profit projection through March to 2.4 trillion yen ($22 billion), a record high for the Japanese automaker.

Toyota Motor on Tuesday reported a 54 percent jump in operating profit for the third quarter and raised its forecast for full-year profit.

GM will look to meet expectations for a higher fourth-quarter profit when it reports earnings Tuesday, as the automaker banks on lucrative SUV and truck sales.