Bloomberg For the past couple of years, automakers have helped keep the economy going as confident consumers raced to replace their aging rides with more luxurious cars and sport utility vehicles. That torrid growth is starting to level off. All three U.S. automakers posted sales gains that missed analysts’ estimates in March, while Japan’s Toyota Motor Corp. reported a surprise ...

Bloomberg Republican presidential candidate Donald Trump says the U.S. is headed for a “very massive recession” and that’s it’s a “terrible time right now” to invest in the stock market, according to an interview with the Washington Post. Unemployment is much higher than official figures suggest, Trump said in the interview conducted on Thursday and published on Saturday. His comments ...

Bloomberg Volkswagen AG told its dealers that the automaker is still committed to a mass-market strategy in the U.S. and has doubled production of an all-wheel-drive station wagon to challenge the Japanese automaker Subaru beginning the fourth quarter of 2016. Herbert Diess, global head of the Volkswagen brand, and Hinrich Woebcken, interim chief executive of the company’s U.S. sales unit, ...