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NHTSA stopped fining General Motors $7,000 a day for leaving some questions about the automaker’s ignition-switch recall unanswered.

General Motors CEO Mary Barra said the automaker should have an estimate on the financial costs of its ignition-switch recall once the details of a compensation fund are finalized.

Hertz will restate financial results from 2011, as the car rental company deals with growing accounting issues.

Truck and engine maker Navistar International Corp reported a smaller quarterly loss as its warranty expenses fell and its truck sales improved.

Tesla is widening its search for the location of a new battery factory to three sites. CEO Elon Musk also said he plans to remain CEO until at least 2018.

The auto industry broadly topped expectations for the month of May, as demand for pickup trucks and sport-utility vehicles fueled sales in the U.S.

Google’s driverless car may look more like a cartoon character than a revolutionary product, but don’t be fooled -- investment in these robotic cars is set to soar.

A General Motors engineer who is at the center of questions concerning the automaker’s ignition-switch recall recently met with congressional investigators.

Canada is investigating two fatal crashes that involved GM vehicles included in the automaker’s ignition-switch recall.

AutoZone reported a 7.4% increase in its third-quarter earnings, as demand for new parts lifted sales.

GM announced a new U.S. recall of 2.42 million vehicles, saying it expects to now take up to a $400 million charge in the second quarter.

Johnson Controls plans to spin off its auto-interiors business into a joint venture with a Chinese partner, as the diversified manufacturer shifts its focus to other units.

General Motors agreed to pay a maximum $35 million fine to the top U.S. auto safety regulator, after the company failed to promptly disclose a defect with ignition switches used in 2.6 million vehicles worldwide.

GM announced five new recalls, following up on its promise to hasten safety reviews, and expects to book a $200 million charge in the current quarter to cover costs tied to repairs.

A day after the DOT declined to issue a “park it now” request, General Motors reassured owners whose cars were recalled for defective ignition switches that their vehicles are safe to drive.

Tesla swung to a loss in the first quarter, but the electric car maker still managed to beat expectations amid higher sales. Shares fell 5.9% to $189.47 in after-hours trading.

The Department of Transportation declined a request from two Senate Democrats to issue a “park it now” request for General Motors vehicles with defective ignition switches.

Fiat Chrysler Automobiles is banking on Chrysler, Jeep and a revival of its Alfa Romeo and Maserati brands to lift sales and bolster the automaker’s global footprint.

A top GM engineer charged with probing faulty ignitions at the heart of the automaker’s recent recall crisis has reportedly retired after 36 years with the company.

Nokia launched a $100 million fund to invest in connected cars, as the mobile equipment maker seeks to capitalize on a growing market.