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Lee Iacocca, engineer of Chrysler’s turnaround, dies at 94

Lee Iacocca, the auto executive and master pitchman who put the Mustang in Ford's lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, California. He was 94.

Trump lifts tariffs on Mexico, Canada, delays auto tariffs

Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe.
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Honda says it is recalling 437K vehicles for fuel-pump issue

Honda says it is recalling 437,000 vehicles in the U.S. to fix a fuel-pump issue.
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Automakers recall 1.7 million cars with fatal airbags

Subaru, Tesla, BMW, Volkswagen, Daimler Vans, Mercedes and Ferrari are recalling about 1.7 million vehicles to replace potentially deadly air bag inflators made by Takata Corp. of Japan.
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GM under investigation for faulty brake vacuum pumps

The U.S. government is investigating more than 100 complaints of poor brake performance on 2.7 million General Motors big pickups and SUVs.
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Tesla names new board chair in settlement with regulators

Tesla's board has named one of its own as chairman to replace Elon Musk, complying with terms of a fraud settlement with U.S. securities regulators.
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EU warns Trump: auto tariffs could lead to $300B retaliation

The European Union on Monday slammed the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some $300 billion in U.S. goods amid signs of a brewing trade war.
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Ford to pay up to $10.1M to settle harassment allegations

Ford Motor Co. has agreed to pay up to $10.1 million to settle sexual and racial harassment allegations by workers at two Chicago-area plants.
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Volkswagen to pay $2.8 billion in US diesel emission scandal

Volkswagen has been ordered to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests.

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