Robert Bosch will cut up to 400 jobs, or about a third of the workforce at a windscreen wiper factory in Tienen, Belgium.
Analysts predict slower June sales for GM
A number of analysts are predicting that General Motors’ June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.
GM has issued 44 recalls covering 20 million cars and trucks this year as it undergoes a top-to-bottom safety review in the wake of a mishandled recall of small cars. So far, GM has announced or taken charges totaling $2 billion to cover recall costs.
GM recalls 194,107 Buicks in China due to headlight issue
A joint venture of General Motors in China will recall 194,107 locally made Buick vehicles due to Chinese consumer complaints about the cars’ headlights, the country’s quality watchdog said on Friday.
Autoliv agrees to settle U.S. securities class action
Automotive safety products supplier Autoliv Inc. said it reached an agreement in principle to settle a class action securities lawsuit in the United States.
Jeep to enter India market in 2015
By Bernie Woodall
Fiat Chrysler Automobiles will begin selling Jeep, the SUV brand central to its global expansion, in India in 2015, the brand’s chief, Mike Manley, said on Thursday.
