Automakers knew earlier of Takata airbag issues, plaintiffs contend

GM, VW, Fiat Chrysler and Daimler knew of problems with Takata airbag inflators and should have moved faster to recall vehicles, according to court documents cited by owners suing the automakers.

Bar for tariff exclusions will be set high by U.S., report says

Businesses that want to win exclusions from President Trump's planned tariffs on imported steel and aluminum will face a high bar set by the Commerce Department, according to a news report.

UPDATED: 3/13/18 1:06 pm ET - adds details

Suppliers race to gain foothold in lucrative, untapped cybersecurity sector

Automotive cybersecurity is still in its infancy but developments have accelerated since 2015 and several major suppliers are already well positioned to benefit from the predicted boom.

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Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

UPDATED: 3/12/18 2:32 pm ET - adds GKN rejection
Melrose increases hostile bid for GKN to $11.2 billion

Melrose increased its hostile offer for GKN by boosting the equity element of the offer, appealing to investors after GKN agreed to merge its auto unit with Dana. GKN rejected the enhanced offer.

UPDATED: 3/9/18 9:51 am ET - adds details
Dana agrees to $6.1 billion tie-up with GKN driveline unit

Dana and British supplier GKN agreed to a $6.1 billion deal to merge GKN's automotive business with Ohio-based Dana. GKN, led by former Ford executive Anne Stevens, has been trying to fight off a hostile takeover bid from Melrose Industries since January.

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