Wed, 20 Nov 2019 10:44:06 PST

Ben Patel, former Tenneco exec, joins Cooper Tire & Rubber

Patel's hiring as chief technology officer comes as Cooper is expanding its original equipment business. As automobiles feature more self-driving technologies, tires could morph into more complex components and play a more important role in providing information to a vehicle's sensors.
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Wed, 20 Nov 2019 09:13:00 PST

GM lawsuit accuses FCA of labor corruption over last decade

GM said it has been substantially damaged because FCA "undermined the integrity of the collective bargaining process" over the past decade. Three former FCA executives who have pleaded guilty in the ongoing UAW corruption scandal were named as defendants.
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Wed, 20 Nov 2019 07:34:08 PST

BMW seeks savings of $13.3 billion by 2022

BMW plans to keep staff numbers at roughly the same level as 2018, the automaker's CFO said. BMW also said it has introduced an efficiency program with top suppliers that includes agreements with 18 companies. 
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Wed, 20 Nov 2019 05:25:53 PST

Continental announces 5,000 job losses in sweeping overhaul

The workforce will be cut as the supplier pares back engine manufacturing because of tougher emissions that threaten demand for powertrain components.
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Wed, 20 Nov 2019 03:12:47 PST

Autoliv targets 12% profit margin in the medium term

The supplier said potential tailwinds for next year include a smaller hit from raw material costs, organic growth from market-share gains and the impact of cost-cutting programs.
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Wed, 20 Nov 2019 03:10:06 PST

VW rejects anti-competitive allegation by supplier Prevent

VW said it will vigorously contest a lawsuit that alleges the automaker extracted agreements from suppliers not to sell to Prevent, which had a subsidiary involved in a 2016 contract dispute that hit output at VW's German factories.
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Wed, 20 Nov 2019 03:00:00 PST

Honda fends off Hyundai challenge in KBB Best Buy Awards

Honda's namesake brand took home the most trophies for best-in-segment vehicles with five, followed by Hyundai's three.
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Tue, 19 Nov 2019 15:55:48 PST

Mitsubishi picks site near Nissan in Tenn. for new N.A. HQ

Mitsubishi wants the move to suburban Nashville to help reinvent its corporate culture.
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Tue, 19 Nov 2019 15:25:51 PST

Cadillac subscription service to return in February

Deborah Wahl, GM's chief marketing officer, said the revamped and redirected Book by Cadillac program will be more integrated with the luxury brand's U.S. retail network.
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Tue, 19 Nov 2019 13:33:15 PST

Flex-N-Gate CEO: Tariffs give 'advantage to the home team'

During a wide-ranging speech and question-and-answer session, Khan made assertions about the downside of globalization and the benefits of President Donald Trump's trade policy. Khan laid praise on Trump's "America First" policy.
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