Automaker says it has reached an agreement with Germany's ZF Friedrichschafen AG to run a new axle factory north of Detroit.
British pharmaceutical company said Tuesday it has named Rich Fante president of its U.S. business.
Solutia Inc. nylon manufacturing plant in Greenwood, S.C., is laying off 300 workers because of the poor economy.
Manager says executive at SKD Automotive Group confirmed that the company will not close a parts plant, despite SKD's decision to cut over 300 jobs at the factory.
Chipmakers ON Semiconductor and Microchip made an unsolicited bid to buy Atmel last month for $2.3 billion, but the companies withdrew the joint proposal on Tuesday.
Belgian brewer on Tuesday formed the world's largest brewer when it closed its $52 billion takeover of Anheuser-Busch Cos.
Labor Department reported Tuesday that wholesale prices dropped by 2.8 percent in October, the biggest one-month decline on records that go back more than 60 years.
Hoping to keep its edge in a market vital to its future as it struggles for survival, General Motors unveiled a Buick Enclave SUV, Chevrolet Cruze sedan and Cadillac CTS-V for China.
Head of China's biggest offshore energy producer said he thinks oil prices are likely to return to the $70-$80 barrel range, though low prices could continue for some time.
World's No. 3 maker of flash memory chips by revenue sued Samsung, claiming millions of consumer electronic devices made with Samsung’s flash memory chips violate Spansion patents.
Chief exec Alan Mulally said automaker is working hard to 'transform our business' into a more profitable one that meets 21st century demands for fuel-efficient vehicles.
Employees for Eclipse Aviation have returned to work and are getting their paychecks, after being told last week that the company could not make payroll.
Worries about quality of Chinese exports to the U.S. have become a major feature of trade ties, with substandard food and lead-tainted toys among recurring safety scares.
Detroit's Big Three automakers begging Congress for a $25 billion government rescue, while the legislation clings to life support on Capitol Hill.
Ford slashing stake in Japan's Mazda Motor Corp. by nearly two-thirds, joining other struggling U.S. automakers in a fire-sale of prized assets to stay afloat.
Recreational vehicle manufacturer plans to close its Topeka, Ind., Starcraft trailer plant in early January, idling 244 workers.
Automaker tries to revive its classic Mustang muscle car with a makeover for the 2010 model year that debuts at this week's Los Angeles Auto Show.
Beijing dismissed suggestions it is seeking to illegally obtain U.S. space technology after a scientist in the United States was convicted of violating the U.S. arms embargo on China.
Prospects dimmed Monday for a $25 billion bailout for the faltering auto industry, as congressional Democrats and the Bush administration headed for a stalemate over the plan.
Honda eventually plans to make 200,000 gasoline-powered Civics a year by operating two shifts at the Greensburg, Ind., factory which covers 42 acres.