Automaker News

Introducing Wes Garcia, a new contributor to Bike EXIF. Wes is the chief editor of Megadeluxe , an online magazine covering the world of speed, sport and design.

A worker assembles a vehicle at Mitsubishi Motors Mizushima plant in Japan. Nissan produces a minicar at the plant.

Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans.

A group of investment firms including Citadel Securities LLC sued the Chicago Board Options Exchange Inc and four other exchanges on Wednesday for improper charges on millions of options trades over a seven-year period.

Headquartered in Abingdon, Va., K-VA-T Food Stores, Inc. is a locally owned company operating 106 retail supermarkets throughout the tri-state regions of Southeast Kentucky, Southwest Virginia and Northeast Tennessee.

Moses Ford Lincoln president Steve Moses, center, cuts the ribbon celebrating the opening dealership's newly-remodeled showroom, part of a 14-month, $2.5 million renovation project at the St.

Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros in tax revenues if it moves its tax base to Britain after it completes a merger with its U.S.-based subsidiary CNH Global NV.

Two days into disaster relief efforts following the Moore, Okla., tornado, Metro Detroiters are increasingly mobilizing with fundraising, supply donations and at least one caravan of volunteers who are planning a cross-country road trip to aid in rebuilding.

Automakers in Detroit say they are trimming the traditional two-week summer breaks at their factories, in order to speed production and meet a growing demand for new cars and trucks, The Associated Press reports .

Ford Motor Co. is adding capacity and reducing summer shutdowns at numerous plants this year to meet high demand.

Ford Motor Co. said Wednesday that 21 of its North American factories will shut for only one week this summer.

How important are sales figures for car manufactures, especially the one'e selling premium luxury on wheels? One would tend to think that as premium brands are not driven by volumes, they would not care much.

Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.

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"From all appearances, the numbers were up this year, but there were no major issues," Myrtle Beach police Capt.

The Justice Department says two more Japanese executives at a major auto supplier have agreed to plead guilty and serve time in prison as part of a wide-ranging three-year FBI investigation into auto parts price fixing.

An anti-bias group says it has received a written apology from Chrysler and Fiat CEO Sergio Marchionne for his use of a pejorative word to refer to Italians.

All exchanges, unless otherwise stated, will take place at the Mid Gate Promotions Booth, located on the west side of Harbor Drive, across the street from the Summerfest Mid Gate.

Emerging-market stocks advanced, sending the benchmark index to a one-week high, as Chinese developers gained on higher home prices and U.S. data boosted confidence in the world's biggest economy.

Mayor Dave Bing speaks with the Detroit Free Press from his office in the Coleman A. Young Municipal Center in Detroit, Monday, April 29, 2013.