Finance

Ford Details Lower Profit Forecast

Ford Motor Co. says in a regulatory filing that its adjusted pretax profit this year is likely to drop to $9 billion from $10.4 billion in 2016, largely because of increased spending on such emerging mobility technologies as autonomous driving systems.

EV-Hybrid

Skoda to Unveil First EV

Volkswagen AG’s Skoda unit will take the wraps off a concept of its upcoming electric vehicle—a crossover with coupe-like styling—at next month’s Shanghai auto show.

Legal

VW Readies Payment Program for VW Diesel Owners

Volkswagen AG has hired victim compensation expert Kenneth Feinberg to set up and run a claims program for as many as 500,000 U.S. customers who own Volkswagen Group cars equipped with diesel engines that violate emission laws.