Will Takata plea deal kill civil suits against automakers?
Grupo Antolin to open $61.2 million plant in Michigan, create 430 jobs
Valeo raises its midterm sales and profit targets
Valeo set higher midterm sales and profit targets as the supplier seeks to reassure investors that they need not wait too long for returns on its investments in hybrid, electric and self-driving cars. The company pledged to lift sales to 27 billion euros in 2021 from 16.5 billion euros last year.
Trump's trade czar Ross easily wins Senate confirmation
Takata pleads guilty to U.S. fraud charge linked to faulty airbagsUPDATED: 2/27/17 6:39 pm ET -- adds details
Takata pleaded guilty to a felony charge as part of an expected $1 billion deal with the Justice Department that includes compensation funds for automakers and victims of its faulty airbag inflators. The plea removes a major obstacle to the potential sale or restructuring of the embattled Japanese supplier, which is expected to intensify a search for a buyer or financial backer.
Mexico warns U.S. it'll cut off NAFTA talks if tariffs proposed
Mexico's top trade negotiator doubled down on threats to break off talks to rework NAFTA, saying his country will walk away if the U.S. insists on slapping duties or quotas on any products from south of the border.