The Commerce Department has been investigating whether imported vehicles and parts pose a threat to national security.
Auto industry
Forty countries agree cars must have automatic braking
The coalition led by Japan will start equipping vehicles with the technology as soon as next year.
General Motors reports $8.1 billion profit last year
It’s a strong rebound from the previous year when the company lost $3.9 billion on a giant tax accounting charge.
Tuesday’s Sports Digest: Maine native Ricky Craven hired by FOX as auto racing analyst
The former NASCAR driver will be part of the network’s studio team.
Tesla shares plunge after carmaker announces vehicle price cut
It will cut prices of its three models by $2,000 to offset the phase-out of federal electric vehicle tax credits.
One-third of inflators in Takata air bag recall still not replaced
It’s been more than three years since the U.S. government claimed oversight of the recall.
Former Nissan chairman Carlos Ghosn faces new allegation
Prosecutors allege that Ghosn manipulated a contract in 2008 to transfer a private investment loss worth more than $16 million to the company.
Toyota to replace inflators installed in previous recall
The carmaker is recalling about 70,000 Toyota and Lexus brand vehicles in North America.
Trump threatens to cut subsidies to GM after it announces 14,000 layoffs
It’s unclear what the federal government might actually do, and whether the president has the authority to act without congressional approval.
Nissan’s Carlos Ghosn faces 10 more days in custody
The chairman of the Japanese auto giant was arrested on suspicion of falsifying income reports by millions of dollars.