NAFTA local origin rules could hurt U.S. auto sales, exports, study finds

American proposals on rules of origin that govern what percentage of a light vehicle needs to be built in the NAFTA region to avoid tariffs would hurt American consumers, lead to lower vehicle sales and hurt American car exports, according to a new study.

UPDATED: 4/26/18 3:48 pm ET - adds details, link

GM, South Korea to invest $4.35 billion in troubled unit

General Motors and South Korea agreed to inject $4.35 billion into the company's unprofitable local arm to keep it afloat after it came close to seeking bankruptcy protection.

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Bosch seeks to restore diesel reputation with new staff rules

Bosch said it would teach 70,000 staff a new code of conduct by the end of this year in an effort to change the "mindset" of the supplier. Prosecutors are probing several automakers and Bosch for their suspected roles in using an engine control unit to cheat exhaust emissions tests.

No thanks, Ford says to 9-speed offered by GM

Ford has elected not to use GM's nine-speed transmission out of the box, opting instead for two new eight-speed transmissions on vehicles such as the Ford Edge, Ford Transit Connect and Lincoln Nautilus.

UPDATED: 4/20/18 9:21 am ET - adds details
GM Korea, union fail to reach wage deal

GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to avert a bankruptcy filing for the unprofitable operation. Talks will continue over the weekend.


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