Rivian Automotive Inc. sank 21% after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a discount.

After the invasion of Ukraine, international carmakers are winding down Russian operations in droves.

German lawmakers agreed to allow some driverless vehicles on public roads, a first step toward enabling autonomous driving in Europe’s biggest economy.

Daimler AG is recalling almost 300,000 of its Mercedes-Benz cars because of fire hazards.