Bigger Subaru sales, bigger office building

There's more going on at Subaru of America than record sales. It's finally moving to a bigger building in Camden, N.J.

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

VW preps r&d rules to ensure moral, ethical behavior

VW will take steps to bring its academic research projects into line with moral standards, the carmaker said, seeking to demonstrate lessons learned from the latest diesel scandal aftershock.

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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