Asia
UPDATED: 7/19/18 3:14 pm ET - new story

Asahi Kasei to buy interiors supplier Sage for $1.1 billion

Asahi Kasei, as part of a long-term strategy to triple its automotive business, said it plans to acquire U.S. interiors supplier Sage Automotive Interiors in a deal valued at $1.1 billion.


Nissan admits to more testing misconduct for vehicles sold in Japan

Nissan said it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than a year where misconduct has been discovered in its inspection processes.

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