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Canada's Trudeau doubts Trump wants to impose auto tariffs

Canadian Prime Minister Justin Trudeau said Wednesday he doubted whether U.S. President Donald Trump would carry out a threat to impose tariffs on light vehicles, given the economic damage such a move would cause.


Continental board plans powertrain IPO, report says

Continental's supervisory board is moving ahead with plans for an initial public offering of its powertrain unit and a new corporate structure by early July, a sign the supplier's biggest overhaul in decades is taking shape, according to people familiar with the matter.

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MORE MANUFACTURING NEWS OEM/SUPPLIERS EXECUTIVES
Automakers burned as U.S.-China spat flares

Fears of a full-blown global trade war moved closer to reality last week as the United States delivered on a threat to impose a 25 percent tariff on $50 billion worth of Chinese imports,

Visteon CEO battle: 'Vendetta' or get-tough stance?

Visteon, in disclosing the online porn and prostitution pursuits of former CEO Tim Leuliette, appears to have joined a movement among corporations to air executive indiscretions rather than sweep them under the rug.

UPDATED: 6/15/18 5:54 pm ET - adds details
GM exploring strategic options, possible spin-off of Cruise unit

GM has begun researching strategic options for Cruise Automation that include a public sale of shares, listing a separate tracking stock, or spinning off the unit, Bloomberg reported, citing people familiar with the matter. GM won't make a decision until Cruise is further along in development and may not take any action for a couple of years, if at all.


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