Aptiv, Tenneco, Adient post quarterly gains as recovery gains steam
Aptiv said adjusted operating earnings rose 89 percent while Tenneco said adjusted earnings improved 62 percent. Adient swung to a $69 million net profit.
Magna more than doubles Q1 net income, improves 2021 forecast
Magna’s rising outlook reflects its growing business in China, where the automaker anticipates light-vehicle production of 24.7 million units in 2021, up from a previous estimate of 24 million.
Mercedes merges marketing and communications to strengthen brand message
The aim of the realignment is to have a uniform global presence for the Mercedes corporate brand and its product brands, the automaker said.
Texas files to join Florida lawsuit against CDC over cruise order
Another state with a significant cruise port wants to join Florida’s lawsuit against the Centers for Disease Control and Prevention with Texas now seeking to end the CDC’s conditional sail order with the goal of getting the cruise industry up and running as soon as possible.
Tesla to set up China database so drivers can access facts
The automaker plans to have the database up and running by later this year.