UPDATED: 9/20/18 1:45 pm ET - corrected

Magna selling fluid pressure, controls unit to South Korean supplier for $1.23 billion

About 4,200 Magna employees at 10 operations in North America, Europe and Asia will transition to Hanon Systems in one of the biggest acquisitions of an overseas car parts unit by a South Korean company.

Bosch, Denso resume production at plants in S.C., N.C

Automotive suppliers Bosch and Denso resumed production at their plants in the Carolinas over the weekend, following the deadly hurricane that chewed its way through the coastal states.

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Paint makers feeling pinch

The rising price of raw materials is putting pressure on the automotive coatings industry. PPG executive Rebecca Liebert explains why.

Congress resists reining in Trump on trade

According to news bombshells last week, "resistance" inside the White House is working to thwart President Trump's most dangerous instincts on trade and other matters. Will Congress act to block his instincts on steel and aluminum tariffs, and potentially on autos and auto parts?

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