LONDON -- UK engineering company GKN is in talks with U.S. company Dana over its auto business, opening up a new front in its battle to fight off a hostile 7 billion-pound ($9.6 billion) bid from Melrose Industries.
SY
By:
Sarah Young
March 02, 2018 05:00 AM
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Tariffs already hurting vehicle affordability as more price hikes loom
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.
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