M&A activity declined in 2016, and now dealmakers eye Trump

The global auto industry looks healthy this year, but PwC says mergers and acquisition experts want to assess President Trump's influence on environmental rules, international trade and the overall economy before pursuing new deals.

 

Bosch, Mahle to bail out of turbochargers JV

Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth. Their joint venture, Bosch Mahle Turbo Systems, has two plants in Austria and China and employs 1,400 workers.

Trump tells automakers, manufacturers U.S. will cut regulations, taxes

UPDATED: 1/23/17 12:26 pm ET - adds Fields reaction

President Trump met with a dozen prominent American manufacturers, such as Ford and Tesla, and promised them he would slash regulations and cut corporate taxes, but warned them again of penalties if they move production outside the country.

Cheaper lidar on the way

Lidar sensing technology is perceived as a critical component for autonomous vehicles, but is too costly to use. Some suppliers say they finally know

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Bosch, Mahle to bail out of turbochargers JV

Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth. Their joint venture, Bosch Mahle Turbo Systems, has two plants in Austria and China and employs 1,400 workers.

Calsonic Kansei takes top Shareholder Value Awards

Calsonic Kansei Corp., of Japan, grabbed both the one- and three-year crowns in the 2016 Global Automotive Shareholder Value Award from PwC and Automotive News, presented at the Automotive News World Congress Jan. 11.

Cheaper lidar on the way

Lidar sensing technology is perceived as a critical component for autonomous vehicles, but is too costly to use. Some suppliers say they finally know how to produce lidar less expensively.

VW joins Ford, BMW to offer Amazon's 'Alexa' voice service

Volkswagen will offer the first embedded application of Amazon's Alexa voice service in a vehicle, as the growing focus on network-connected appliances and other home devices inspires collaborations between automakers and technical service providers.

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