June 12, 2026 | The week’s top stories and Magna’s Swamy Kotagiri on investment, EVs, USMCA

BYD is hiring; Ineos is expanding; and Trump downplays USMCA. Plus, Magna CEO Swamy Kotagiri on capital investment, electric-vehicle volume shortfall, Chinese automakers, and how Magna is preparing for a renegotiated USMCA.