Volkswagen says it plans to invest billions in North America. The VW brand, which continues to achieve low U.S. quality scores, says the bold move was a sign of a new commitment to the market.
Ford's latest business results are in and the numbers are good. The company made $1.2 billion in profit from April through June. Robust pick up trucks sales and a strengthening U.S. economy get the credit.
At a time when U.S. sales are soaring, Europe saw a drop of almost seven percent in the first half of this year. There is one bright spot: U.K. car sales are up.