UPDATED: 6/23/17 5:04 pm ET - adds detail, background

Honda engineer debunks own claim about cause of Takata airbag failures

Honda said an engineer who once suggested he knew a hidden truth about "the root cause" of Takata's defective airbags later indicated he was mistaken.

Front-end supplier HBPO adding two plants in Mexico

HBPO, which makes front-end modular systems, is expanding its North American presence by adding two new plants in Mexico.

Continental joins BMW, Intel, Mobileye platform for self-driving cars

Continental will join a self-driving platform developed by BMW Group, Intel and Mobileye with the supplier handling integration of components and software. Continental said it would play a key role in commercializing the new platform, which is to be sold to other auto manufacturers.

BMW 5-series plug-in hybrid will be built by Magna Steyr

Magna International's Magna Steyr unit will build BMW's new 5-series plug-in hybrid at its Austrian factory. Magna sees contract manufacturing of electrified vehicles as a "near-term opportunity" as automakers invest heavily in fully-electric and gasoline-electric hybrid vehicles.