Major automakers are set to discuss next steps at a virtual meeting, which comes a week after GM abruptly said it would no longer back the Trump administration’s ongoing effort to bar California from setting its own vehicle emissions rules.
The diverse coalition includes Advocates for Highway and Auto Safety, Center for Disability Rights, Transportation for America, Consumer Reports and other stakeholders that are urging federal lawmakers to use the framework as a guide to ensure public safety.
Despite a deeper net loss from the year before, the results still marked a significant improvement from Adient's third-quarter net loss of $325 million.
TrueCar said the transaction will boost the company's cash balance and the proceeds will support an ongoing share repurchase program worth up to $75 million.
CDK Global says it will focus on its core North American operations and repay debt as it considers future capital investments.
