Toyota Motor Corp. is recalling 550,007 vehicles in the U.S. as a faulty seat-back mechanism may fail to lock, increasing the risk of injury, the U.S. National Highway Traffic Safety Administration said on Wednesday. Related: Ford Recalling 605,000 Vehicles in …
Carmakers Bank on $2.3B in Future Tariff Refunds
Some automakers this week got a first-quarter profit boost—at least on paper—from future refunds of tariff payments they made to the U.S. government, risking potential
