Schaeffler seeks to buy Vitesco to create EV supplier giant

By:

from wire reports

October 09, 2023 08:13 AM

Schaeffler is offering to buy electric-vehicle and combustion-car component maker Vitesco Technologies in a 3.64 billion-euro ($3.8 billion) deal.

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Stellantis

New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

By:

Vince Bond Jr.

New Stellantis CEO Antonio Filosa faces series of hurdles

Manufacturing

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

By:

Bloomberg News

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

China

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

By:

Reuters News

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Finance Insurance

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

By:

John Huetter

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

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