Elon Musk and Tesla are preparing to outline new steps in Tesla’s drive to become a more self-sufficient company less reliant on suppliers at its “Battery Day” event on Sept. 22. Musk has been dropping hints for months that significant advances in technology will be announced.
China is pushing for greater self-reliance amid tensions with trade partners including the U.S. As the auto industry moves toward electrified and self-driving vehicles in a once-in-a-century shift, suppliers of software and semiconductors are gaining in importance.
As part of the merger, PSA's 46 percent stake in the supplier will be distributed to all shareholders of the combined company, to be called Stellantis.
Willey led the dealer organization in 2007, mitigating industry issues leading up to the U.S. financial crisis.
The master agreement between Ford and Unifor covering about 6,300 Canadian workers is set to expire Monday at 11:59 p.m. ET. Unifor last week picked Ford as its target company.
