UAW reached tentative pact with Daimler Truck, averting strikes
The United Auto Workers said it reached a tentative agreement with Daimler Truck Holding AG ahead of a contract expiring midnight on April 26 and following a strike threat.
Tesla's plan for affordable cars takes page from Detroit rivals
Tesla has said it will use a current platform and production lines to produce what it called “more affordable” models by early next year.
Mirror supplier Gentex's Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology.
BMW to invest a further $2.76 billion in key market China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker’s “unwavering commitment to the Chinese market”.
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