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Brexit deal may be too little, too late for UK’s car industry

Bloomberg The auto industry dodged disaster when the UK and European Union (EU) sealed a post-Brexit trade accord, but not before carmakers announced factory closures and called off plans to make several new vehicles in the country. More damage may still be done even with the deal. Automakers including Nissan Motor Co. might struggle to qualify some UK-assembled models for ...

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Ford reverses its plan to cede India operations to Mahindra

Bloomberg Ford Motor Co. is reversing plans to cede most of its Indian operations to Mahindra & Mahindra Ltd., deciding to pull out of a proposed joint venture and continue its standalone business in the country. The companies agreed to terminate the venture after reassessing in part due to the global coronavirus pandemic, they said. The decision ends a deal ...

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Huawei restores Tencent games to app store

Bloomberg Huawei Technologies added Tencent Holdings Ltd.’s games back to its app store after two technologies firms negotiated an agreement. “We will continue to work together to bring better experience and service to Tencent game community,” a spokesperson for Tencent said. The games were removed after Tencent made a “big change” to how the companies work with each other, according ...

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