Adient to spend $75 million to buy, renovate new headquarters in Detroit
Trump plans to nominate Wilbur Ross to head U.S. Commerce Department
President-elect Donald Trump said today he plans to nominate billionaire investor and auto supplier executive Wilbur Ross as Commerce secretary and Todd Ricketts, co-owner of the Chicago Cubs baseball team, as deputy Commerce secretary.
Takata shares slump after influential day trader tweets he sold shares
Takata, finalizing a buyer after spurring record auto industry recalls, fell in Tokyo trading after a Japanese day trader told his more than 103,000 Twitter followers he sold shares in the airbag maker.
Delphi taps Intel for chips in self-driving technology
Delphi Automotive has formed a partnership with Intel Corp. to use Intel chips for a technology package being developed for self-driving vehicles. Late next year, Intel will start delivering computer chips to run Delphi's decision-making software .
The co-founder and chief technology officer of Mobileye stood up to Tesla's public attacks, countering that Tesla was "pushing the envelope in terms of safety" and asserting that Mobileye argued against Tesla's decision to allow its Autopilot system to offer hands-free driving.
Jaguar I-Pace to be built by Magna Steyr
Ford steps up effort to hire people with autism
American Axle's Dauch defends Metaldyne deal
Trump expected to tap Wilbur Ross for Commerce post
President-elect Donald Trump is expected to nominate as secretary of commerce investor Wilbur Ross, who became a billionaire by acquiring and restructuring troubled companies, according to a person familiar with the transition planning.
ArcelorMittal to open plant near GM in Detroit, create at least 120 jobs
ArcelorMittal Tailored Blanks, a unit of Luxembourg steel producer ArcelorMittal, plans to spend $83 million to set up a manufacturing plant in Detroit and create at least 120 jobs over five years, the state of Michigan said Tuesday.