The trade agreement’s rules governing how much of a car must consist of North American parts could incentivize automakers to set up more assembly plants in the U.S.
Higher margins from completed vehicles help offset hit from GM strike as Canadian auto manufacturer warns of potential impact of coronavirus.
Canadian auto manufacturer says it will stop developing self-driving technology with the U.S. ride-sharing company as it announces lower sales outlook for 2020.
The Complete Vehicles segment grew sales by 40.7 percent and widened its EBIT margin.
The saga of the closed General Motors Lordstown plant continued with Vice President Mike Pence erroneously declaring that Workhorse Group Inc. had secured funding to buy the plant.
