Manufacturing

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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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.

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.


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