Automakers

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
Toyota invests $170 million in Miss. plant for next Corolla

Toyota is investing $170 million at its Mississippi plant to build the next Corolla sedan, creating 400 jobs. The move will bring Toyota's investment in the plant to more than $1 billion since 2007.

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UPDATED: 4/26/18 3:48 pm ET - adds details, link
Toyota invests $170 million in Miss. plant for next Corolla

Toyota is investing $170 million at its Mississippi plant to build the next Corolla sedan, creating 400 jobs. The move will bring Toyota's investment in the plant to more than $1 billion since 2007.

Magna wins lidar contract with BMW Group

Magna says the contract with the BMW Group “is one of the first in the auto industry to include solid-state lidar for serial production.” The Canadian supplier developed the lidar with Innoviz.

Magna wins lidar contract with BMW Group

Magna says the contract with the BMW Group “is one of the first in the auto industry to include solid-state lidar for serial production.” The Canadian supplier developed the lidar with Innoviz.

UPDATED: 4/26/18 4:15 pm ET - adds stock close
Fiat Chrysler Q1 adjusted earnings rise 5% to $1.96 billion

Fixing a "challenging" launch of the new Ram 1500 pickup has cost FCA $300 million, but it didn't keep the automaker from posting a Q1 record adjusted earnings of $1.96 billion while cutting debt.

UPDATED: 4/25/18 7:08 pm ET - adds details
Ford brand sedans to be nixed in N.A. under deeper cost targets

Ford plans to stop selling all Ford brand sedans in North America and is nearly doubling its cost-cutting target from a plan laid out only six months ago. The automaker said it will fix or eliminate unprofitable global operations.


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