U.S. organized labor opposes USMCA in current form, says official

Business Apr 24, 2019

U.S. organized labor opposes USMCA in current form, says official

The head of the largest U.S. labor union said Tuesday he opposes ratification of the new North American free trade pact, because he doubts Mexico will enforce labor reforms required by the deal. Richard Trumka, president of the 12.5-million-member AFL-CIO, said the U.S. Congress is ...

Toyota eyes supplying hybrids to Suzuki in broader tie-up

Business / Corporate Mar 20, 2019

Toyota eyes supplying hybrids to Suzuki in broader tie-up

Toyota Motor Corp. is considering offering Suzuki Motor Corp. a hybrid system for global sales and enhancing a joint car development project for India, according to an expanded tie-up deal unveiled Wednesday. Under the agreement, Suzuki can sell hybrids developed by Toyota, namely the RAV4 ...

BMW faces criminal probe in South Korea over engine fires

Business Dec 24, 2018

BMW faces criminal probe in South Korea over engine fires

BMW AG is facing a criminal probe in South Korea after investigators concluded the manufacturer concealed fire hazards and delayed recalls for a problem that has dented sales and its reputation in the Asian country. South Korea's transport ministry plans to ask prosecutors to investigate ...