Economics

Canada, Mexico Report “Good Progress” in NAFTA Talks

April 23, 2018 at 1:47 AM

Chief negotiators from Canada and Mexico say their talks with the U.S. about updating the North American Free Trade Agreement made “good progress” at the end of last week and will continue on Tuesday.

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Dassault Systemes

Shiloh: Lightweighting without Compromise

Lightweighting is an auto industry staple these days, and there are “significant” opportunities for further gains, says Shiloh Industries CEO Ramzi Hermiz.

Global Supply of Automotive Fasteners from a Single Source

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PennEngineering offers a global supply for a wide range of fasteners for the automotive industry, including China-based facilities that manufacture standard and custom products to world-class standards of quality at lower cost.

Mobility

U.K. Group to Test Connected Car Technology

Jaguar Land Rover Ltd. and Ricardo plc are part of a British consortium that is developing connected vehicle technologies aimed at improving safety.

Business

U.S. Activist Unveils Plan to Reform Hyundai’s Structure

Hyundai Motor Group could unlock at least 50% more value by ending the circular ownership among its Hyundai Motor, Kia Motors and Hyundai Mobis units.

New Product

Skoda Reveals China-Market Kamiq SUV

Volkswagen AG’s Skoda unit took the wraps off its upcoming Kamiq crossover/SUV on Monday ahead of the vehicle’s public unveiling later this week at the Beijing auto show.

Business

U.S. Monitor Calls VW’s Post-Scandal Reforms “Unsatisfactory”

Volkswagen AG’s attempts to change its culture after its $25 billion diesel emission cheating scandal have been lackluster, according to a U.S. monitor assigned to oversee the company’s activities.

New Product

Hyundai Moves Forward with Pickup Truck

Hyundai Motor Co. plans a 2020 launch for the compact pickup truck it’s developing.

Labor

GM Korea Averts Bankruptcy with Tentative Labor Deal

General Motors Co.’s South Korean unit reached a provisional deal with its unionized workers over the weekend, thus averting a bankruptcy filing today.

New Product

Honda Shows Hot Hatch in Indonesia

Honda Motor Co. says its new Small RS concept car reflects the company’s vision of a future small sports car.

Tech

Alibaba Inks Digital Assistant Deals with Audi, Daimler, Volvo

Chinese tech giant Alibaba Group Holding Ltd. says it will supply its personal assistant technology to Audi, Daimler and Volvo operations in China.

Economics

Canada, Mexico Report “Good Progress” in NAFTA Talks

Chief negotiators from Canada and Mexico say their talks with the U.S. about updating the North American Free Trade Agreement made “good progress” at the end of last week and will continue on Tuesday.

Sales

Ford Puts Most of Its Global Ad Account Up for Review

Ford Motor Co. says it is putting most of its worldwide creative advertising account up for review in an effort to cut costs and improve marketing efficiency.