Program to speed border crossing advances

After testing the waters for more than a dozen years, authorities are gearing up to operationalize the concept of placing U.S. Customs officers on Canadian soil to clear shipments there, rather than at the U.S. port of entry.

UPDATED: 2/23/18 5:10 pm ET - adds details

BMW to recall 11,700 cars after installing wrong engine software

BMW said it would recall 11,700 cars to fix their engine management software after it discovered that the wrong programming had been installed on its 5- and 7-series models.

MORE OEM/SUPPLIER NEWS MANUFACTURING REGULATION/SAFETY
UPDATED: 2/23/18 1:12 pm ET - adds details
Chief of China's Geely builds $9 billion stake in Daimler

Li Shufu, the chairman and main owner of Chinese carmaker Geely, has amassed a stake of 9.69 percent in Daimler AG, the German company said Friday. The stake, worth nearly $9 billion at the current market price for Daimler shares, makes Li the biggest single shareholder in the maker of Mercedes Benz cars, trucks and vans.

Visteon lands record new business in 2017

Electronics supplier Visteon reported record new business gains in 2017 and a dip in sales in the fourth quarter resulting from discontinued operations and customer pricing.

UPDATED: 2/22/18 9:22 am ET - adds links
Ford picks Kumar Galhotra to replace Raj Nair as North America chief

Ford tapped Kumar Galhotra, a company veteran who steered the Lincoln luxury brand back to respectability, to replace Raj Nair, who was ousted after an internal investigation uncovered "inappropriate behavior," as its president of North America.


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