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Dana, Melrose Sweeten Offers for GKN
3/19/2018The two suitors for British engineering company GKN plc have upped their offers ahead of a March 29 deadline.
New VW Safety Center Features Tri-Axis Crash Sled
3/19/2018Volkswagen AG’s namesake unit has opened a new safety center at its headquarters campus in Wolfsburg, Germany.
Faurecia Invests in Energy Recovery Startup
3/19/2018Faurecia SA says it has made an unspecified investment in Enogia SAS, a Marseille, France-based startup that specializes in energy recovery technology.
Mercedes to Test Subscription Service in U.S.
3/19/2018Daimler AG’s Mercedes-Benz unit plans by year-end to launch a pilot program in the U.S. for its car subscription service.
MMC Plans $5.7 Billion Spending Spree
3/19/2018Mitsubishi Motors Corp. says it will spend more than 600 billion yen ($5.7 billion) through early 2020 on product development and capital investments.
NHTSA Probes Hyundai-Kia Airbag Failures
3/19/2018U.S. safety officials have opened an investigation into airbag systems that may fail in as many as 425,000 Hyundai and Kia vehicles.
U.S. Would Drop Tariffs if Europe Caps Aluminum, Steel Exports
3/19/2018The U.S. has advised the EU it would drop its threatened tariffs on imported aluminum and steel from Europe if the EU agrees to cap shipments of those metals at 2017 levels.
Renault to Move Clio Production to Slovenia, Turkey?
3/19/2018Renault SA plans to relocate production of its Clio minicar to factories in Novo Mesto, Slovenia, and Bursa, Turkey, sources tell Reuters.
Germany’s New Transport Minister Vows Tough Stance with Carmakers
3/16/2018Germany’s new transport minister says he is no “buddy” of automotive bosses, describing himself as more aligned with auto workers and diesel vehicle owners.
Ford to Standardize Advanced Safety Package
3/16/2018Ford Motor Co. says its new Co-Pilot360 safety package will be standard on 91% of its North American vehicle lineup by 2020.