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.
Minnesota Republican Sen. Norm Coleman plans to meet with a Ford Motor Co. official this week to discuss the state of the auto industry.
Better-than-expected industrial production reading did little to boost outlook of investors nervously waiting to see whether the nation's troubled automakers would get a bailout.
German Chancellor Angela Merkel said Monday after meeting with Adam Opel GmbH that it was 'not yet determined' whether the automaker would be given $1.25 billion in loan guarantees.
German manufacturer said Monday it filed Chapter 11 for its Tipton, Ind., facility after Chrysler pulled out of a financing options agreement and left the plant without a primary customer.
Metal-component maker said Monday it agreed to acquire a producer of forged pipe fittings, in an effort to expand its reach in the oil and gas industry.
Akebono Brake Corp., a maker of brakes for automobiles, has asked employees to take voluntary retirements and is not filling vacancies in an effort to reduce costs.
Under the agreement, the two sides will more quickly swap information on tainted food and other dangerous goods, and carry out coordinated checks on producers.
Federal Reserve said Monday that industrial output rose 1.3 percent last month, after plunging in September by the largest amount in over 60 years.
Otsuka Beverage Co Ltd. said it would recall bottles of Crystal Geyser mineral water imported from the United States after consumers complained about a strange smell.
Financial woes of U.S. auto suppliers have the potential to set off a cataclysmic chain of events in the industry if key parts makers run out of cash and fail, say automotive analysts.
Ability to acquire Sanyo's two green-energy pillars, solar cell technology and rechargeable batteries, are what drove Panasonic to announce a bid this month.
With Congress returning to deal with an auto industry in dire financial straits, White House stressed it supports help, but not at the expense of the $700 billion bailout.
Industrial supplier Curtiss-Wright Corp. on Monday said it named David J. Linton and David C. Adams to the new positions of co-chief operating officers.
Cash-strapped GM will sell its stake in Suzuki Motor Corp. for $230 million, its latest move to stay afloat while awaiting a decision on government aid for the industry.
Recession in Britain will be longer and deeper than first thought, country's leading business lobby warned, as a separate survey showed falls in house prices are picking up pace.