BRIEF-Autoliv provides update ahead of planned spin-off
* ANNOUNCED IMPORTANT STEPS IN PROCESS TO SPIN-OFF ITS ELECTRONICS BUSINESS
* ANNOUNCED IMPORTANT STEPS IN PROCESS TO SPIN-OFF ITS ELECTRONICS BUSINESS
Toyota Motor Corp will invest $170 million in an existing plant in Mississippi to build the next generation of its Corolla sedan, the Japanese automaker said on Thursday.
U.S. President Donald Trump's tariffs on steel and aluminum from China are leading to higher costs for major U.S. manufacturers and causing concerns at other companies, according to executives who spoke to investors in recent days.
* BELIEVE NEGATIVE IMPACTS WILL CONTINUE OVER NEXT TWO QUARTERS Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)
* SAYS LENDERS MAINTAINED TOTAL REVOLVING COMMITMENTS OF $13.4 BILLION UNDER FOURTEENTH AMENDMENT TO CREDIT AGREEMENT DATED AS OF DEC 15, 2006
Investors are accustomed to the bold promises of Tesla Inc's Elon Musk, but his assertion that the electric vehicle maker will not need more funds this year has many scratching their heads. How can the chief executive deliver on his many goals without a fresh infusion of outside cash?
* VISTEON CORP SAYS CEO SACHIN LAWANDE'S FY 2017 TOTAL COMPENSATION WAS $8.0 MILLION VERSUS $8.7 MILLION IN FY 2016 - SEC FILING Source text : (http://bit.ly/2Fk2H8c) Further company coverage:
General Motors Co on Thursday reported better-than-expected first-quarter earnings despite a drop in production of high-margin pickup trucks as it gears up for new models, but investors disappointed by the automaker's lower pre-tax profit sent its shares down more than 2 percent.
* MAGNA AND BHAP CREATE JOINT VENTURE TO SUPPLY DOOR MODULES TO AUTOMAKERS IN CHINA
The following are mergers under review by the European Commission and a brief guide to the EU merger process: