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Some of the world's biggest carmakers ​on Friday broadly won ‌the first stage of a mammoth legal battle over ​whether some of ​their diesel vehicles contained prohibited "defeat ⁠devices" which limited ​emissions control systems.

China's Chery formally took over Nissan's car manufacturing plant in Rosslyn on Friday under a deal that was announced in January, and executives ​said the company will spend millions of dollars upgrading and adding machinery ‌ahead of starting vehicle production in South Africa in mid-2027.

Nissan CEO Ivan Espinosa was pleased when the automaker reported Wednesday that its second-quarter U.S. vehicle ‌sales ticked higher. But he knows there's still a long way to go.

Nissan Motor Co. President and CEO Ivan Espinosa talks about the future of autonomous driving, investing in the US and how tariffs are making it harder to sell Mexican-made cars in the US. Those cars are being tariffed at a 25% rate.

Nissan President and CEO Ivan Espinosa says it still makes sense to build cars in the US, despite trade tensions and a weaker yen. He speaks on "Bloomberg Surveillance.