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Daily news and top headlines for manufacturing professionals

Ford Offers More Buyouts To Mich., Ohio Plants

July 21, 2008 11:15 am | by Jeff Karoub, AP Business Writer | News | Comments

Automaker is giving hourly workers at 17 facilities another round of buyout and early retirement offers in an ongoing effort to match production with slumping sales.

Former U.S. Partner Sues Chery Auto

July 21, 2008 11:10 am | by Dan Strumpf, AP Business Writer | News | Comments

Visionary Vehicles' lawsuit accuses China's Chery Automobile of defrauding the company after the two formed a joint venture to import Chinese cars to the U.S.

Schaeffler Raises Continental Bid

July 21, 2008 11:07 am | News | Comments

Germany's Schaeffler KG adjusted its takeover offer for larger auto parts maker Continental AG, citing a new calculation of the bigger company's recent average share price.

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WTO Rules Against China In Car Parts Dispute

July 21, 2008 5:25 am | by Bradley S. Klapper, Associated Press Writer | News | Comments

World Trade Organization agreed with the U.S., EU and Canada that China was breaking trade rules by taxing auto parts imports at the same rate as foreign-made finished cars.

VW Global Sales Up Nearly 6 Percent

July 21, 2008 5:19 am | by George Frey, AP Business Writer | News | Comments

Volkswagen said it achieved record global sales in the first half of the year on strong demand in India, Russia and China, delivering nearly 3.3 million vehicles.

Auto Supplier Warns It May Shut Down

July 18, 2008 8:25 am | News | Comments

Battered by rising oil prices and anxious creditors, Blue Water Automotive Systems says it could go under within 90 days.

Chemical Accident At German Plant Injures 81

July 18, 2008 5:50 am | News | Comments

Robert Bosch GmbH says 81 workers at its Bamberg plant were taken to hospitals following an apparent chemical accident at its car parts factory in southern Germany.

Hyundai Workers Strike Over Wages

July 18, 2008 5:37 am | News | Comments

About 35,000 workers at Hyundai staged a half-day strike, calling for raises and better working conditions, the latest in a series of work stoppages.

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Toyota Making Paint Process Greener

July 18, 2008 5:18 am | by Yuri Kageyama, AP Business Writer | News | Comments

Automaker's latest drive to make its lean production even leaner is a slimmed down version of its multistep paint job, reducing energy needs by 15 percent compared to old-style painting.

Tennessee Valley Megasites Attract Automakers

July 18, 2008 5:05 am | by Duncan Mansfield, Associated Press Writer | News | Comments

Plan by the nation's largest public utility to lure automakers to ready-to-go sites in the Southeast is paying off -- four sites have sold since 2005.

Monaco Coach Closing 3 Plants, Cutting 1,400 Jobs

July 18, 2008 4:50 am | News | Comments

RV maker to close three Indiana factories and cut a third of its work force because of the slumping economy and the shrinking market for recreational vehicles.

Truck Plant In Canada Cutting 720 Jobs

July 17, 2008 6:05 am | News | Comments

Sterling Trucks eliminating one shift and laying off another 720 workers as it joins the growing ranks of companies being squeezed by an economic slowdown in the U.S.

Volkswagen Plant Validates Tennessee Town

July 17, 2008 5:54 am | by Bill Poovey, Associated Press Writer | News | Comments

When VW said yes to Chattanooga, the city that had shed its reputation for dirty air forgot years of frustrating rejections by automakers.

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GAO: Armored Vehicles Could Become Costly

July 17, 2008 5:45 am | by Stephen Manning, AP Business Writer | BAE Systems | News | Comments

Military’s accelerated pace to buy and deploy thousands of heavily armored mine resistant vehicles could lead to problems with maintenance and cost overruns.

Feds Want Stronger English Law For Truckers

July 17, 2008 5:43 am | by Jay Reeves, Associated Press Writer | News | Comments

Government, citing safety reasons, is trying to tighten the law requiring anyone with a commercial drivers license to speak English well enough to talk with police.

Automakers Offer Hybrids To NYC Cab Fleet

July 17, 2008 5:28 am | by Sara Kugler, Associated Press Writer | News | Comments

Three major auto manufacturers are promising to reserve 300 new hybrid vehicles each month exclusively for the city as it replaces its entire fleet of yellow cabs.

Dana Plant In Kentucky To Lay Off 260

July 17, 2008 5:15 am | News | Comments

Hundreds of workers at a central Kentucky plant will be laid off as a result of a delay in Ford's launch of its new F-150 truck.

VW Gets Green Light For Scania Deal

July 17, 2008 5:14 am | News | Comments

Automaker has completed the process of getting antitrust approval for its plan to take a majority voting stake in Swedish truck maker Scania AB.

GM To Market Chinese-Made Minivans In Peru

July 17, 2008 5:10 am | News | Comments

One of GM's Chinese joint ventures has begun exporting Chevrolet minivans to Peru, adding to global automakers' growing vehicle exports from China.

GM To Cut Back On NASCAR Spending

July 17, 2008 5:06 am | by Mike Harris, AP Auto Racing Writer | News | Comments

Troubled automaker notified two racetracks that run NASCAR events that their current contracts will not be renewed as part of a $10 billion cost-cutting program.

GM's Future Depends On Winning Over Car Buyers

July 16, 2008 1:10 pm | by Dee-Ann Durbin, AP Writer | News | Comments

Company’s survival now hinges on the difficult task of convincing buyers that its upgraded cars are just as good as its trucks and worth some extra cash.

Official: Hino Motors To Keep Arkansas Plant Open

July 16, 2008 9:30 am | by Chuck Bartels, AP Business Writer | News | Comments

Hino Motors Manufacturing plant in Marion is to stay in production, even though the Toyota truck plant it supplies is to shut down for three months.

Cummins Continues Temporary Layoffs At Engine Plant

July 16, 2008 6:05 am | News | Comments

Diesel engine maker has temporarily laid off another 50 employees at its Columbus, Indiana, plant due to declining demand for large pickup trucks.

Auto Parts Maker Cuts 245 Jobs In Texas, Mexico

July 16, 2008 5:25 am | News | Comments

Windshield wiper manufacturer on the Texas-Mexico border is laying off workers for the second time in 10 months.

Continental Turns Down $17.9B Bid From Schaeffler

July 16, 2008 5:20 am | by George Frey, AP Business Writer | News | Comments

Tire and auto parts maker rejected a takeover offer from smaller rival Schaeffler KG, arguing that it did not reflect Continental's full value.

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