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Ford posted a lower-than-expected quarterly net profit, hurt by rising commodity costs and unfavorable currency exchange rates, and said it expects more pain to come from higher raw material prices in 2018.

Hyundai is recalling nearly 88,000 cars in the U.S. because an electrical short in the antilock brake system could cause engine compartment fires.

When Ford Motor Co reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control.

German daily Frankfurter Allgemeine Zeitung reports that automakers Daimler and BMW plan to merge their rival car-sharing services.

The U.S. National Transportation Safety Board said on Tuesday it was sending two investigators to examine the crash of a Tesla Inc vehicle apparently traveling in semi-autonomous mode and a fire truck in California.

A federal appeals court has tossed out a roughly $210 million deal to compensate owners and leaseholders of dozens of Hyundai and Kia models with overstated gas mileage figures.

Nissan Motor Co. Chairman Carlos Ghosn tells FBN the Trump Administrations steep tariffs on imported solar panels and washing machines is ”not something major."

Elon Musk will remain at Tesla under a 10-year, all-or-nothing pay package that demands massive growth.

Tesla says Chief Executive Elon Musk will receive no guaranteed compensation of any kind, and that he will be paid only if the company and all of its shareholders do extraordinarily well.

A former Fiat Chrysler executive who handled labor relations has pleaded guilty to showering more than $1.5 million in cash and gifts on high-ranking members of the United Auto Workers.

Unions at Peugeot maker PSA Group have agreed to 1,300 job cuts made possible by new French labor rules imposed by President Emmanuel Macron.

The head of an Oklahoma wind power trade group flatly denied a state lawmaker's suggestion to police that someone connected to the industry put a tracking device on his truck to spy on him.

U.S. safety regulators have released models from 14 different automakers that are being recalled to replace potentially deadly Takata air bag inflators.

The CEO of France-based automaker PSA Group says it will offer 40 electric models across its lineup by 2025, and it plans to sell vehicles in the U.S. within 10 years.

AutoNation, the largest car dealer in the U.S., has announced that it will offer new financial perks to its employees, citing President Trump’s tax overhaul.

An unidentified man in West Virginia is the 21st person to die worldwide due to exploding Takata air bag inflators.

Shares in Ford took a steep dive on Wednesday as investors soured on a disappointing profit outlook for 2018 and statements that the No. 2 U.S. automaker's turnaround plans will take years to bear fruit.

Self-driving cars, already underway to revolutionizing the auto industry, could be on the road as soon as 2020, leaving experts to wonder how the inevitable overhaul could affect the insurance business.