Syracuse Auto Dealers Association

The third-largest U.S. public new-vehicle retailer also announced plans to raise more than $1.1 billion in capital.

Dennis Williams faces up to five years in prison and a fine of up to $250,000, although he'll likely receive a sentence between 18 and 24 months as part of his plea agreement. There was no agreement on a fine.

The maker of sensors used in advanced driver-assistance systems and self-driving vehicles is projected to see robust revenue growth and hit full-year profitability as soon as 2022, according to CEO Anand Gopalan.

The postponement follows the startup’s efforts to pivot from denying allegations of deception to talking up its technology and partnerships to calm investors who have seen the stock price plunge 45 percent since the company went public in June.

The German supplier's CEO said asset sales are under consideration that could affect several thousand jobs that are included in its total announced this month.

Cobalt-free lithium iron phosphate batteries are cheaper to produce and the automaker could announce the product change as early as Thursday, Reuters reported.

The camouflaged compact luxury crossover, expected to go on sale next year as a 2022 model, will be tested on public roads in Korea for one month, Genesis said.

The recalled vehicles are from the 2020 model year and include certain Ford Edge, Escape, Expedition, Explorer, F-150, F-250 SD, F-350 SD, F-450 SD, F-550 SD, Mustang, Ranger and Transit vehicles. The 2020 Lincoln Corsair and Nautilus are also part of the recall.

CEO Herbert Diess reaffirmed the company's target of positive operating profit for the year, but also faced questions on the company's emissions scandal at the company's annual shareholder meeting.

The trial could cause unease for VW Group and Audi if defendants or witnesses contradict VW's defense that top executives were unaware of engine manipulation uncovered by U.S. regulators five years ago.