Ford: Justice Dept. opens probe into emissions certification
Ford says the Justice Department has opened a criminal investigation into its U.S. emissions certification process.
Justice Department investigating Ford's process to certify emissions compliance
The carmaker previously hired an outside law firm to investigate the issue.
Daimler says it has no idea how Kim Jong Un got his limos
German automaker Daimler, which makes armored limousines used by North Korean leader Kim Jong Un, says it has no idea where he got them and has no business dealings with the North.
Will Carlos Ghosn get a fair trial in Japan?
Carlos Ghosn released from Tokyo jail again on bail
Ride-hailing giant Uber cuts IPO valuation target
The reduced valuation follows a disappointing performance by rival Lyft's recent initial public offering.
Business Highlights
___ Walmart experiments with AI to monitor stores in real time LEVITTOWN, N.Y.
Ford shares surge on Q1 earnings beat
Ford soars after earnings release
Ford's 1Q earnings beat expectations, sending shares up amid global restructure
The carmaker is in the midst of a major international restructuring effort.
Ex-Nissan boss Ghosn granted $4.5M bail, with curbs on contacting wife
A Tokyo court set a new condition for bail that Ghosn cannot meet or otherwise communicate with his wife Carole without prior permission.
Ghosn granted bail in Japan
Ghosn granted bail
As California gas prices skyrocket, here's where prices are cheapest
Experts say the national average could near $3 per gallon within the coming weeks.
Tesla posts surprisingly large 1Q loss as sales slump 31%
Tesla has lost nearly $6 billion since setting out to revolutionize the auto industry 15 years ago, but CEO Elon Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by robots.
Tesla posts loss, Model 3 faces hiccups
Tesla CEO Elon Musk faced some headwinds in the latest quarter.
Microsoft's cloud growth pleases Wall Street
Microsoft's ongoing push to get automakers, retailers and other businesses onto its cloud computing platform helped power the company's third-quarter earnings ahead of Wall Street expectations Wednesday.
Air bag defect probe expands to include 12.3 million more vehicles
Car models by Honda, Hyundai, Kia, Mitsubishi, Toyota and Fiat Chrysler are all named in the investigation.
California gas price spike result of 'mystery' surcharge?
Gov. Gavin Newsom has requested the state’s energy commission to analyze gas prices for potential irregularities.
Ford to invest $500M in electric vehicle startup Rivian
Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new generation of Ford vehicles based on Rivian underpinnings.
Ford to invest $500M in Rivian, co-produce new electric vehicle
The investment builds upon Ford's $11 billion effort to produce more emissions-free vehicles.
Nissan slashes profit amid Ghosn scandal, lagging sales
Nissan has lowered its profit forecast for the fiscal year through March as the Japanese automaker, contends with slowing sales and the fallout from the loss of its former chairman, Carlos Ghosn.
US expands probe into air bag failures to 12.3M vehicles
U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a crash.