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  • A Chinese court said Apple has agreed to pay $60 million to settle a trademark dispute over the iPad name.
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    Ford Warns of Troubles Abroad

    Ford warned it expects to lose roughly $570 million in its overseas operations in the second quarter, largely as a result of the slumping economy in Europe.

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    Profit Forecasts Feel Europe's Effect

    Investors will be watching nervously as U.S. companies report earnings over the next few weeks for any signs of collateral damage in the American economy from Europe's woes and China's slower growth.

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    Toyota to Recall Lexus SUVs

    Toyota is expanding its recall of vehicles to fix a problem with floor mats that could lead to the accelerator pedal being entrapped.

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    BMW, Toyota Widen Cooperation

    BMW and Toyota agreed to widen their cooperation to include lightweight vehicle parts, automotive fuel cells and electric drivetrains.

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    Ford Shares Fall on Profit Warning

    Ford shares were off sharply on Friday, a day after the auto maker warned it expects a significant loss in operations outside of North America.

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    Auto Firms Expanding U.S. Output

    Nissan Motor will add 1,000 jobs at a Canton, Miss., plant to make a compact car while Chrysler said it is considering a similar move in Michigan to expand pickup truck production.

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    Peugeot to Press for New Cost Cuts

    Peugeot Citroën told labor unions that additional cost-cutting measures will be needed as the French auto maker battles to stop losses and adapt to a shrinking European car market.

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    Chrysler Considers Truck Expansion

    Chrysler is considering a third shift at another U.S. assembly plant as demand continues to climb for its Ram pickup trucks.

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    Output Surges at Toyota, Honda

    With government subsidies helping drive demand, Toyota and Honda each produced more than twice as many vehicles at home in May as they had a year earlier.

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    Fiat to Boost Stake in Chrysler

    Italian auto maker Fiat is expected to boost its ownership of Chrysler to 61.9% from 58.5% as early as next week by purchasing shares held by a trust that provides health care for retired union workers.

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    Strong Yen Dings Japan Car Exports

    Japan's three largest auto makers are signaling plans to shift more production overseas to deal with the strong yen, moves that may mark the end of the country's role as one of the world's auto export hubs.

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    Porsche Aims to Speed Unit's Sale

    Porsche said it wants to complete the sale of the remaining stake in its sports-car business to Volkswagen as quickly as possible, brushing aside criticism that a deal before August 2014 would be bad for German taxpayers.

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    Yamaha Plans $500 Motorcycle in India

    Yamaha Motor plans to develop its cheapest motorcycle globally in India, to be sold for about $500, as the Japanese two-wheeler maker battles with rivals such as Honda Motor for a bigger share of the market.

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