BorgWarner plans to acquire an Italy-based manufacturer of electric vehicle charging components in a deal valued at about $80 million and that would build up the electric portfolio of the automotive supplier.
KN
By:
Kurt Nagl
June 19, 2023 04:34 PM
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Canadian auto parts not subject to Trump’s tariffs, but there’s a catch
While the new rule is a win for Canada, the non-U.S. content of every Canadian-assembled car shipped south of the border has been, and will continue to be, tariffed at 25 per cent.”
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