Manufacturing

Changes grip embattled GKN

GKN has changed CEOs, embarked on a two-year profit drive and now is battling a hostile takeover -- all while launching its advanced eDrive technology.

GM's Korea retrenchment gets an early start

General Motors is already scaling back operations in South Korea ahead of an announced plant closure there in May.

UPDATED: 2/16/18 4:25 pm ET - adds Ford, GM shares

Faurecia profit rises 34% in 2017

Faurecia's net income in 2017 climbed 34 percent to 714.5 million euros ($896.4 million), as the supplier saw strong growth across all its main markets.

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Takata, U.S. government tangle over victim payments

Airbag supplier Takata and the U.S. government have agreed how to divvy up $850 million in restitution payments to automakers, but the two still are debating in court over which victims will receive the remaining $125 million.

Toyota teases sporty coupe developed with BMW

Toyota's Supra performance coupe looks likely to debut in concept form at next month's Geneva auto show after the automaker released a teaser picture. The new Supra is being developed along with the new BMW Z4.

UPDATED: 2/12/18 9:51 pm ET - adds details
GM to close 1 of 4 plants in South Korea

GM plans to close one of its four South Korean assembly plants as the first step in a larger restructuring of its unprofitable GM Korea operations.

UPDATED: 2/12/18 3 pm ET -- adds Mazda statement
Ford, Mazda expand 'do not drive' warning to additional pickups

Ford is expanding a warning to another 33,000 owners of older Rangers in North America not to drive them until they get repairs because of a potentially defective Takata airbag inflator; Mazda is issuing a similar expansion for about 1,800 2006 B-series pickups.

Tenneco earnings, revenue rise in Q4

Ride-control and emissions control systems supplier Tenneco said its adjusted net income for the fourth quarter increased to $97 million, powered by growth in the truck and off-highway business.

Tesla's scramble for lithium

Tesla's talks to invest in a lithium supplier indicate automakers have a long road ahead to secure a steady supply of the metal to support the mass production of electric vehicles.

Ford rushes to build more SUVs

Ford and Lincoln dealers can't get enough of their biggest, most expensive SUVs to keep up with customer demand, so the automaker is investing $25 million to speed up the assembly line in Kentucky.

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