Ex-Chrysler exec, widow of UAW VP charged with conspiracy

A U.S. grand jury charged a former FCA labor relations executive and widow of a deceased UAW vice president with criminal violations of the Labor Management Relations Act.

Lear Q2 net rises 10% to $312 million

Lear posted a 10 percent increase in profit for the second quarter from growth in seating revenue and higher margins. The supplier reported net income of $311.9 million.

UPDATED: 7/26/17 1:15 pm am ET - adds details

Hyundai faces weak outlook as U.S., China woes persist, dent Q2 results

Hyundai posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political headwinds hit sales in China and slow U.S. demand continues.