Ford will announce plans to make big investments in parts plants in Mexico to the tune of $2.5 billion. Reuters cited inside industry experts for its story regarding the expansion of a transmission plant and the creation of two new diesel engines. We may learn more on Friday, but for now, Ford is not commenting.
The Detroit News reports the National Highway Traffic Safety Administration is looking into a potential problem with air bag sensors in 2012 Subaru Imprezas. It has received complaints that the sensors turned off the front passenger airbag even when an adult was seated there. The sensors are designed to turn off the air bags if a child is seated there. NHTSA will determine if a recall is warranted.
The rumor mill is hot this morning with speculation that Fiat Chrysler is looking for a partner in some sort of a marriage – merger, buyout, takeover, operating partner, something. But most reports say there has been little enthusiasm among potential partners for such a tie up.