Legendary sports car seating supplier Recaro files for bankruptcy in Germany
Recaro, the legendary sport seat supplier, is insolvent. The company has a long tradition, but now fears for its future.
BYD preparing to enter Canadian EV market, documents show
Joe McCabe, CEO of AutoForecast Solutions, said the U.S. auto market is BYD’s “holy grail,” but the company is likely to use both Canada and Mexico as “ports of entry.”
Asbury: Tekion DMS pilot in Ga. might get pushed to October over CDK dispute
Asbury Automotive Inc.’s dispute with CDK Global over data access might delay the national dealership group’s plans to test Tekion at four Georgia dealerships by a month, Asbury told a Georgia court last month.
Stellantis offers broad voluntary buyout packages to U.S. salaried employees
Stellantis says involuntary job cuts may be necessary if it doesn’t meet its objectives through voluntary means.
U.S. says start of new China tariffs will be delayed by at least two weeks
U.S. says start of new China tariffs will be delayed by at least two weeks.