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U.S. Auto Sales Slumped in May

U.S. auto sales shifted downward in May as fewer selling days in the month led to less foot traffic in showrooms.

U.S. Auto Sales Slumped in May

U.S. auto sales shifted downward in May as fewer selling days in the month led to less foot traffic in showrooms.

U.S. Auto Sales Slumped in May

U.S. auto sales shifted downward in May as fewer selling days in the month led to less foot traffic in showrooms.

Takata Talking With KKR, Several Other Funds

Takata's external steering committee charged with developing a restructuring plan for the embattled auto parts maker is talking with "several funds" including Kohlberg Kravis Roberts.

Will Summer Driving Cut Into Oil Glut?

Record consumer demand for gasoline is expected to take a sizeable bite out of an oil glut that has held global crude prices at multi-year lows.