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The BMW Concept XM is a preview of the most powerful BMW M vehicle and planned only as a plug-in hybrid.

Canada is leaning toward forming a common front with Mexico in a fight with the U.S. over how to interpret rules governing the origin of vehicle parts.

When pressed about whether the Commerce Department would make workforce unionization one of those strings, Raimondo demurred. “It’s premature to say,” she said.

Jochen Hanebeck, COO at the semiconductor maker since 2016, will succeed Reinhard Ploss in April 2022. Ploss, CEO since 2012, led an expansion that included key acquisitions. 

AFS signals that industry efforts to respond to the global microchip shortage are helping.