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Daily news and top headlines for manufacturing professionals

Germany Supports Keeping 'VW Law'

September 23, 2008 6:20 am | by George Frey, AP Business Writer | News | Comments

Chancellor Angela Merkel vowed Tuesday to keep in place the so-called ‘Volkswagen Law’ allowing the state of Lower Saxony a blocking minority of Europe's largest carmaker.

Ford: U.S. Will Welcome Its Small Cars

September 23, 2008 5:45 am | by Tom Krisher, AP Auto Writer | News | Comments

Automaker’s plan to morph itself from a truck to a car company is backed by market research showing that a new line of global small cars will be well received in the U.S.

GM's Credit Rating Reduced To Lower Junk Status

September 22, 2008 12:30 pm | News | Comments

Fitch Ratings says General Motors' credit rating is moving deeper into junk status because of the automaker's diminishing liquidity and lack of access to capital.


GM Nixes Super Bowl Ad

September 22, 2008 12:24 pm | News | Comments

General Motors Corp. said it will not air a TV advertisement during the 2009 Super Bowl, as the automaker continues to slash expenses as part of its restructuring plan.

Autoliv Closing Indiana Auto Parts Plant

September 22, 2008 6:05 am | News | Comments

Swedish maker of air bags and other auto parts, plans to close its northeastern Indiana plant by the end of 2009, costing 380 workers their jobs.

GM Closing Georgia Assembly Plant

September 22, 2008 5:20 am | News | Comments

Automaker closes its Doraville assembly plant on Friday, idling some 1,000 workers --down from 3,100 a few years ago.

Schaeffler Now Owns 90 Percent Of Continental

September 22, 2008 5:15 am | News | Comments

Automotive parts maker effectively ended months of jockeying between the two rival companies, creating one of the world's largest autoparts makers.

Officials: Hyundai Building Second Plant In Brazil

September 19, 2008 5:20 am | News | Comments

Government of Brazil's Sao Paulo state says South Korean auto maker will build a $600 million plant in the city of Piracicaba.


Force Protection To Cut More Jobs

September 19, 2008 5:20 am | News | Comments

Armored vehicle manufacturer is laying off more workers as its backlog of vehicles shrinks.

Mercedes Cuts Hours, Production In Alabama

September 18, 2008 10:10 am | News | Comments

Automaker plans to eliminate Friday shifts and cut back to four-day work weeks as it reduces production at its Alabama assembly plant, according to published reports.

GM Expands Pontiac Lineup With Import

September 18, 2008 6:19 am | News | Comments

General Motors says it will begin selling the G3, a rebadged version of the Korean-built Chevrolet Aveo, under the Pontiac nameplate starting next year.

Auto Execs Ask Pelosi To Support $25B Loan Program

September 18, 2008 5:55 am | by Ken Thomas, Associated Press Writer | News | Comments

Detroit's top auto executives on Wednesday asked House Speaker Nancy Pelosi to fund a $25 billion loan program to help the companies modernize their plants.

BMW Supplier To Expand, Add 140 Jobs

September 18, 2008 5:40 am | News | Comments

Automotive seating supplier Lear Corp. plans to spend $10.8 million to expand its plant in South Carolina.


Honda Touts Air Bag Improvements

September 18, 2008 5:27 am | by Yuri Kageyama, AP Business Writer | News | Comments

Tokyo-based Honda Motor Co. said its new air bag is the world's first that inflates in stages, mitigating the force of its deployment.

Demand Surges For Plug-In Hybrid Conversions

September 17, 2008 1:55 pm | by John Murawski, AP Writer | News | Comments

With plug-in hybrids unavailable commercially until 2010, some enthusiasts are turning to companies that retrofit a Prius with a second battery that doubles their gas mileage.

CAW: Buyouts Will Help Younger Workers Keep Jobs

September 17, 2008 11:30 am | News | Comments

Canadian Auto Workers union said the solution is nothing more than a ‘bandage on a very, very deep wound’ on the soon-to-be shuttered truck plant in Oshawa, Ont.

Mitsubishi Schedules Talks For Illinois Plant

September 17, 2008 11:23 am | News | Comments

Automaker said contract talks for workers at its plant in Normal, Ill., are scheduled to resume Sept. 24; most recent contract expired on Sept. 5.

GM Slowing Production In Kentucky

September 17, 2008 11:16 am | News | Comments

Automaker says it will slow production at its assembly plant in south-central Kentucky and layoffs are possible.

Federal-Mogul Cutting 4,000 Jobs

September 17, 2008 6:20 am | News | Comments

Auto supplier said the cuts are part of a restructuring plan that will streamline business, consolidate or close locations and lower general and administrative staffing.

Ford, Lawmakers Discuss Loan Program

September 17, 2008 6:00 am | by Ken Thomas, Associated Press Writer | News | Comments

Following a closed-door meeting with lawmakers, Ford said the industry's push for low-interest loans has not been undermined by the turmoil enveloping Wall Street.

Tesla Motors Building Electric Sedan In California

September 17, 2008 5:41 am | by Marcus Wohlsen, Associated Press Writer | News | Comments

With plans for a new headquarters and factory in San Jose, Tesla hopes it's taking the first step toward making electric cars a presence in the driveways of average Americans.

Report: Buyouts, Retirement Packages Save GM Jobs

September 17, 2008 5:20 am | News | Comments

Toronto Star is reporting that no workers will face layoffs next year as a result of General Motors' closing of its truck plant in Oshawa, Ontario.

GM Unveils Volt On 100th Anniversary

September 16, 2008 9:15 am | by Tom Krisher, AP Auto Writer | News | Comments

CEO Rick Wagoner unveiled General Motors' long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees.

Ex-Metaldyne Workers Plead In Trade Secrets Case

September 16, 2008 9:00 am | News | Comments

Federal prosecutors say three ex-employees of the auto parts supplier have pleaded guilty in a plot to steal trade secrets and sell them to Chinese competitors.

Wabtec To Acquire Illinois Rail Car Firm

September 16, 2008 5:40 am | News | Comments

Pittsburgh railroad equipment company plans to buy Standard Car Truck that makes undercarriage parts for locomotives and freight cars for $300 million in cash.

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