DETROIT -- Hayes Lemmerz International Inc. will be acquired by Brazilian wheel and chassis supplier Iochpe-Maxion SA for $725 million.
DETROIT -- Hayes Lemmerz International Inc. will be acquired by Brazilian wheel and chassis supplier Iochpe-Maxion SA for $725 million.
Parts makers, dependent on vehicle production volume, hope automakers absorb tariff costs and pursue market share instead of raising prices and reducing output.