FRANKFURT -- French supplier Faurecia will acquire a majority stake in German automotive lighting group Hella, trumping rival bidders and creating the world's seventh-largest player.
FRANKFURT -- French supplier Faurecia will acquire a majority stake in German automotive lighting group Hella, trumping rival bidders and creating the world's seventh-largest player.
Auto parts became subject to a 25% tariff May 3. Automotive News breaks down how the new duty works.