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Daily News Briefs: June 21, 2012

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In other news:

  • Mexico and Canada joined talks for a proposed Trans-Pacific Partnership that could increase automotive trading between the U.S. and 10 countries around the Pacific, Bloomberg News reports. Those countries have yet to accept Japan into the partnership — a contentious issue in the U.S. The Detroit Three oppose Japan’s inclusion due to the nation’s relatively closed auto market.
  • Tesla delivered its first Model S sedans, with customers picking them up at its California factory, Bloomberg News reports.
  • On the heels of Toyota cutting Japanese production over the coming years as a stronger yen hurts export profits, Nissan said it will cut production in Japan by 15% next month, Nikkei News reports via Reuters.

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Assistant Managing Editor-News
Kelsey Mays

Former Assistant Managing Editor-News Kelsey Mays likes quality, reliability, safety and practicality. But he also likes a fair price.

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