O’Reilly eyes $10bn bid for Genuine Parts’ auto unit – report
Bloomberg reported that the division could be worth $10bn or more in any transaction, with an announcement on a potential sale possible by late summer.
Industry
MG sets up Swiss subsidiary in European expansion push
Cariad and Bosch end autonomous driving software partnership
Infineon completes €570m ams Osram sensor portfolio acquisition
Nissan targets cost cuts on Mexico-built models as US tariffs bite – report
Toyota to compensate suppliers over axed Lexus EV project – report
BYD nears decision on European plant takeover – report
General Motors signs chip supply agreement with Micron
