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Mitsubishi to debut new SUV model in Europe

  Bloomberg Mitsubishi Motors Corp. will unveil a sport utility vehicle that will debut in Europe, its first new model since joining the Renault-Nissan alliance, as Chairman Carlos Ghosn strengthens the Japanese company’s credentials as an SUV brand. The Eclipse Cross compact SUV coupe to be revealed at the Geneva auto show on Tuesday will be shipped to its second-biggest ...

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German factory orders slump on ‘investment’

  Bloomberg German factory orders plunged at the steepest pace in eight years as demand for investment goods weakened. Orders, adjusted for seasonal swings and inflation, fell 7.4 percent from December, when they increased 5.2 percent, data from the Economy Ministry in Berlin showed on Tuesday. That’s the biggest drop since January 2009. The typically volatile reading compares with a ...

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US will reclaim global supply chain, says Trump aide

  Bloomberg The US is seeking more “reciprocal” trade with countries such as China and Germany in a bid to boost growth, reduce the trade deficit and keep American production capacity out of foreign hands, White House trade adviser Peter Navarro said. “If we are able to reduce our trade deficit through tough, smart negotiations, we should be able to ...

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