Tesla Model 3 wins Consumer Reports blessing after brake fix

UPDATED: 5/30/18 2:43 pm ET - adds Musk response Tesla Inc.’s Model 3 sedan won a coveted recommendation from Consumer Reports after an over-the-air software update improved braking by almost 20 feet. The influential magazine had initially declined to recommend the...

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Santander falls as FCA reportedly adding own finance arm

Santander Consumer USA Holdings Inc. shares fell after Bloomberg reported that its auto-finance partner Fiat Chrysler Automobiles was preparing an announcement on forming its own captive lending unit. As part of its five-year strategy plan to be announced Friday, Fiat...

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