Automotive Assembly

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MUNICH--Automotive materials and parts supplier Toray Industries has announced that it will be open the Automotive Center Europe here to focus on the emerging environmentally friendly vehicle sector. Expected to open next summer, the center will consist of a laboratory block paired with an office block and showroom.

PALO ALTO, CA--Electric car maker Tesla Inc. reaffirmed this week that it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year. However, the company declined to comment on a report that a deal has been reached.

WASHINGTON--The Trump administration is advocating for a more balanced trade relationship with Japan as high-level economic talks with the Asian nation advance this week in Washington, according to Vice President Mike Pence.

DETROIT--Workers at a General Motors factory in Canada approved a new labor contract Monday, ending a 4-week strike that stalled production of the Chevrolet Equinox. GM's CAMI assembly plant in Ingersoll, Ontario, is the main source of Equinox crossovers. The facility had been idle since Sept. 17. Unifor Local 88 President Dan Borthwick says nearly 86 percent of members voted in favor of the 4-year deal.