Japanese auto supplier NSK said it has agreed to pay $34.5 million in a settlement stemming from a class-action lawsuit over price-fixing allegations.
Amtek Auto, the cash-strapped Indian parts maker that supplies Ford and Aston Martin, has expanded its planned asset sale to include additional overseas businesses as it looks to reduce leverage, people familiar with the matter told Bloomberg.
Ford will offer Apple CarPlay and Android Auto smartphone connectivity on its full lineup of 2017 vehicles, marking the fastest rollout of the technology so far by an automaker in the U.S.
Industrywide first-half CPO sales grew 4 percent, according to data compiled by the Automotive News Data Center. Toyota division helped to lift the
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