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GM called for cooperation over its restructuring effort in South Korea as a top executive of the automaker met the mayor of the South Korean city of Incheon, home of the unit's largest plant.
Continental aims to float part of its business on the stock exchange before the end of the year, a German business publication reported.
Continental hired JP Morgan to advise on a possible reorganization that could see a breakup of the company's business units as it repositions for a market focused on EVs and AVs, Reuters reported.
Canadian auto parts giant Magna said it will realign its divisions and create four global, product segments. It plans to report quarterly sales and earnings for each unit beginning in 2018.
Under new CEO Jim Hackett, Ford plans to redirect a third of the company's internal-combustion engine outlays to vehicle electrification and cut costs by $14 billion.
Daimler is working on a new corporate holding structure that could split the company into three entities, a process that would unlock the value of the individual businesses, a report said.
VW said close to 9,300 employees have agreed to an early retirement plan, helping the automaker to bring down costs.
Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection.
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