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BREAKING: GM Q1 earnings before interest and taxes drop 27% to $2.6 billion on restructuring and other charges
Automakers And Suppliers

China may cut light-vehicle import duty by nearly half, report says

China is mulling proposals to cut import duties on passenger cars by about half, Bloomberg reported, citing people with direct knowledge of the matter, a move that's set to give a lift to luxury brands such as BMW and Lexus.

UPDATED: 4/25/18 7:08 pm ET - adds details
Ford brand sedans to be nixed in N.A. under deeper cost targets

Ford plans to stop selling all Ford brand sedans in North America and is nearly doubling its cost-cutting target from a plan laid out only six months ago. The automaker said it will either fix or eliminate unprofitable global operations.

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MORE OEM/SUPPLIER NEWS MANUFACTURING REGULATION/SAFETY
UPDATED: 4/25/18 7:08 pm ET - adds details
Ford brand sedans to be nixed in N.A. under deeper cost targets

Ford plans to stop selling all Ford brand sedans in North America and is nearly doubling its cost-cutting target from a plan laid out only six months ago. The automaker said it will either fix or eliminate unprofitable global operations.

Bosch seeks to restore diesel reputation with new staff rules

Bosch said it would teach 70,000 staff a new code of conduct by the end of this year in an effort to change the "mindset" of the supplier. Prosecutors are probing several automakers and Bosch for their suspected roles in using an engine control unit to cheat exhaust emissions tests.

UPDATED: 4/25/18 6:34 am ET - corrected
Lexus ES redesign goes sportier with F Sport edition

Lexus is so confident in the performance chops of its redesigned ES sedan that it is giving the remake of one of its frumpiest nameplates an F Sport version for the first time.


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