Detroit wants to maintain control of technological advances

Detroit is willing to let Silicon Valley into the car, but it’s not ready to hand over the keys. Automakers and suppliers said today that while the technology coming from the West Coast has been key to industry advancement, traditional companies still will control the fate of future vehicles.

 

U.S. seeks to expedite Takata airbag replacements

UPDATED: 12/9/16 4:25 pm ET - adds more details

The U.S. Department of Transportation today said it will press the auto industry to accelerate the pace of replacements for defective Takata airbag inflators and signaled a likely widening of the industry's largest ever recall.

Nissan to focus on cost, technology with emphasis on what it can control

Nissan, the Japanese automaker that's become symbolic of what it means to be a truly global manufacturer, has a simple plan to navigate an

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Detroit wants to maintain control of technological advances

Detroit is willing to let Silicon Valley into the car, but it’s not ready to hand over the keys. Automakers and suppliers said today that while the technology coming from the West Coast has been key to industry advancement, traditional companies still will control the fate of future vehicles.

Former Mitsubishi plant in Ill. may house startup automaker

The former Mitsubishi assembly plant in Normal, Ill., soon could be purchased by little-known startup automotive firm Rivian Automotive. Rivian is in discussions to buy the plant, which was shuttered in May, and invest up to $175 million in it by 2024 and create 500 jobs by 2021, the state said.

Knorr-Bremse seals victory in Haldex takeover battle

German supplier Knorr-Bremse has won the first stage of its battle to take over Sweden's Haldex by obtaining 86.1 percent of the brake systems company's shares before its offer expired Monday. Knorr's offer is still conditional upon the company obtaining clearance from antitrust regulators.

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