Automakers And Suppliers

Magna delivers carbon fiber subframe prototype to Ford

Magna International Inc. has delivered a carbon fiber subframe prototype to Ford it says will reduce weight and tooling costs and hopes to rule on mass production by year end.

Toyota powertrain boss feeling the pressure

Hirohisa Kishi says he's tackling one of his biggest challenges yet — how to keep internal combustion engines competitive in the age of electric vehicles.

UPDATED: 4/20/18 9:21 am ET - adds details
UPDATED: 4/20/18 4:12 pm ET - adds details
Porsche's head of powertrain development arrested

German police arrested the head of powertrain development at Porsche in connection with parent Volkswagen Group's sweeping diesel emissions violations.

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MORE OEM/SUPPLIER NEWS MANUFACTURING REGULATION/SAFETY
UPDATED: 4/20/18 9:21 am ET - adds details
GM Korea, union fail to reach wage deal

GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to avert a bankruptcy filing for the unprofitable operation. Talks will continue over the weekend.

As GM mulls options, how does bankruptcy work in S.Korea?

GM's Korean unit has warned that it would file for bankruptcy if there isn't a restructuring deal by Friday, as the operation is running out of cash to pay employees and suppliers amid slumping sales. A look at how South Korea's court-managed bankruptcy protection procedures work.

PSA fight to slash Opel factory costs intensifies

PSA's fight to cut production costs at Opel's German factories took on a national dimension with Chancellor Angela Merkel intervening to say she expected the French automaker to honor commitments it made when it bought Opel from GM last year.

Daimler may buy tiny stake in Volvo, report says

Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish automaker, a German business magazine reported, raising the possibility of increased ties between Mercedes and Volvo's Chinese owner, Geely.

UPDATED: 4/19/18 3:40 pm ET - adds details
NAFTA talks resume amid push for quick deal

The trio of ministers leading talks to retool NAFTA meet again in Washington beginning Thursday as they continue to push for a deal in principle within weeks.


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