Auto

Ford says profits will fall in 2018

Ford Motor Co. says its pretax earnings will likely fall in 2018 as U.S. sales soften, commodity costs increase and it invests heavily in new electric and hybrid vehicles.

Business Highlights

___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.

Which car stock has spiked the most in 2018?

U.S. automakers are driving into the New Year with renewed optimism, thanks in part to President Donald Trump’s tax reform bill that drastically cuts the corporate tax rate.

Fiat Chrysler CEO says no plans to sell brands to Chinese

Fiat Chrysler's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.

Volkswagen's push for US market share

Volkswagen is planning on spending more than $3.3 billion in North America, as the German automaker looks to move past “dieselgate.”