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 to meet with Detroit 3 CEOs amid jobs push

UPDATED: 1/23/17 4:14 pm ET - adds details

President Donald Trump will have breakfast Tuesday with the CEOs of General Motors, Ford and Fiat Chrysler Automobiles as he pressures automakers to boost U.S. employment.

Lear CEO says he's not planning run for Mich. governor

The rumors continue to circulate: Will Lear CEO Matt Simoncini run for governor of Michigan? He says there are no such plans.

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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.

Trump, Trudeau to talk NAFTA soon

President Donald Trump said Sunday he will soon meet with Canadian Prime Minister Justin Trudeau to discuss the terms of the North American Free Trade Agreement.

VW EVs will debut 5G connectivity services

Volkswagen plans to equip its family of I.D. electric cars with next-generation 5G mobile connectivity and vehicle-to-everything communication standards as the brand prepares to offer full autonomous driving functionality in 2025.

Trump moves quickly on trade

Minutes after President Donald Trump was sworn in, the new administration declared its intention to abandon the Trans-Pacific Partnership and renegotiate the North American Free Trade Agreement.

EPA nominee calls for CO2 rule review

Scott Pruitt distanced himself from candidate Donald Trump's promise to "gut" the agency and his claim that climate change is a hoax perpetrated by China.

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