General Motors Co

General Motors Co rode sales of SUVs and pickup trucks in North America to a record profit in 2015, and reaffirmed its forecast to do better this year despite signs that vehicle sales are hitting a

Ford revealed plans on Wednesday to cut hundreds of white-collar jobs in Europe and revamp its model range to keep it profitable in the region after turning a corner in 2015.

Federal prosecutors are weighing criminal wire fraud charges against General Motors Co over the company's failure to recall vehicles equipped with faulty ignition switches, the Wall Street Journal reported on Tuesday.
The U.S. auto industry remained on track for the best sales year in a decade as consumers bought cars and trucks in May at the fastest pace in almost a decade.