U.S. drops auto-content proposal in NAFTA talks, report says

The U.S. government has dropped a demand that all vehicles made in Canada and Mexico for export to the United States contain at least 50 percent U.S. content, The Globe and Mail reported, citing sources.

UPDATED: 3/20/18 5:23 pm ET - adds details
UPDATED: 3/20/18 5:03 pm ET - adds FTC statement
Feds reject CDK's purchase of Auto/Mate

CDK Global's planned acquisition of Auto/Mate, a smaller provider of dealership management systems, has been blocked by the Federal Trade Commission. The move would have bolstered CDK's positioning at the lower end of the DMS market and removed a smaller rival.

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