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Autoblog's Mylencia Gillenwaters reports on Ford's 2015 second-quarter financials.

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Nissan announces its financial year Q1 numbers, handily beating analyst expectations for net income and operating profit.

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Sergio Marchionne sees cooperation with the UAW as a key to a future merger with General Motors. In the deal, Marchionne could potentially take advantage of the 8.7 percent of GM stock that's owned by the union's health care trust.

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Ford had a dynamite second quarter, raking in $2.9 billion before profits and recording net income of $1.9 billion, a 44-percent improvement over Q2 2014.

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Through the first six months of 2015, Volkswagen narrowly grabbed the global sales crown from Toyota. The lead wasn't significant, though, with VW grabbing the honor by only around 20,000 vehicles.

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Ferrari is set to launch its Initial Public Offering on the stock exchange. But will the shares be able to keep up with the investment value of a classic Ferrari?

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The National Highway Traffic Safety Administration will reportedly levy a $105 million fine against Fiat Chrysler Automotive over lapses in the reporting and handling of recalls and safety defects.

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Plus: GM Makes A Billion, Infiniti Reveals Q30, And Ford Adds 2016 F-150 Limited Trim

We curate the week's events with a focus on hacking in the automotive industry. Plus, other news and notes from around the biz.

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General Motors hauled in a dandy $1.1 billion in net income during its second quarter, on the back of $1.1 billion in "special items," the company revealed.

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Ferrari has filed the necessary paperwork with the Securities and Exchange Commission to launch the company's IPO later in the year. The documents don't set a specific timeframe for the offering or price for the shares.

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Tesla Announces Q2 Financials Release Date

A video shows how to drive the Renault Zoe efficiently. Tesla to hold a live Q2 financial results webcast. Campinas, Brazil adds 10 BYD electric buses to its fleet.

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The consortium of German automakers hoping to buy Nokia's Here mapping division may have won with a bid for the equivalent of about $2.7 billion. The official details of the purchase haven't been made public, and some insiders claim the negotiations aren't done yet.

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FCA is rumored to be considering selling off parts supplier Magneti Marelli, possibly for around $3.3 billion. Such a deal likely wouldn't come until after the Ferrari IPO, though.

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The June auto market slump in China could continue through the next few months. Some analysts are worried that the shift could damage the financials of GM and Ford, according to an interesting article from The Detroit News.

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A study by the University of Michigan Transportation Research Institute finds diesels are much more economical to own over three to five years than gas models.

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As part of a new billion-euro investment plan, Porsche has undertaken to move all excess production of the Boxster and Cayman back to its principal facility at Zuffenhausen near Stuttgart, Germany.

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Automotive component supplier Magna International has signed an agreement to take over the Getrag Group, one of the biggest transmission manufacturers, by the end of the year, in a deal worth nearly $2 billion.

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The California Public Utilities Commission slapped Uber with a $7.3 million fine and ordered its suspension after it failed to meet the state's reporting requirements.

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Ford is offering up to $10,029 in incentives for the new F-150, which has been plagued by production issues that have cut into sales and earnings.

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The plant that produces GM's full-size SUVs in Arlington, TX, is set to receive $1.4 billion, representing the largest allocation out of the $5.4 billion the company has earmarked towards upgrading its facilities.

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Analysts are predicting that this week's historic deal with Iran will cause gas prices to drop dramatically in the coming months.

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