Suppliers

Ford said it had expected a net loss for the quarter but performed better because of strong demand, lower incentives and a favorable mix of more profitable vehicles.

Adecco will combine AKKA with its science and IT staffing business Modis to boost its services providing engineering, technical and R&D staff to companies including automakers.

The company plans to spend $100 billion over three years ramping up its output, joining Samsung Electronics, Intel and other industry players in expanding global production capacity.

The deliberations follow improving financial results at the unit, which makes everything from engines used to power ships to chemical reactors, Bloomberg reported.