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Daily news and top headlines for manufacturing professionals

Chrysler: Alliances Key To Our Future

April 18, 2008 5:15 am | by David Runk, Associated Press Writer | News | Comments

Automaker's CEO said he's open to more partnerships like Nissan and such deals are key in Chrysler's plans to sell vehicles in growing markets worldwide.

China Accounts For Half Of EU's Dangerous Goods

April 17, 2008 11:35 am | by Aoife White, AP Business Writer | News | Comments

Confidence in Chinese goods has fallen dramatically and the European Union says 'much work will need to be done if China is to regain the trust of European citizens in its products.'

No Increase In Euro-Zone Exports To U.S. For January

April 17, 2008 10:20 am | News | Comments

Exports to the U.S. from euro countries were flat in January, as the weak dollar made German cars and French champagne more expensive for American shoppers.


Report: U.S. Manufacturing Feeling Economic Strain

April 17, 2008 6:40 am | by Edited by Staff | News | Comments

Manufacturers Alliance/MAPI says that while manufacturing in the U.S. is clearly slowing, global growth will help offset it.

German Think Tank Lowers '08 Growth Forecast

April 17, 2008 6:08 am | News | Comments

Forecast for growth in Europe's biggest economy cut to 1.8 percent due to fallout from the U.S. subprime lending crisis and turbulence in global financial markets.

Bush's Call To Curb Emissions Gets Mixed Reviews

April 17, 2008 5:41 am | by Angela Charlton, Associated Press Writer | News | Comments

While some welcomed the President's proposal to halt growth in U.S. greenhouse gas emissions by 2025, others dubbed it a step backward because it doesn't call for mandatory cuts.

Global Automakers See Chinese Market As Lifeboat

April 17, 2008 5:25 am | by Joe McDonald, AP Business Writer | News | Comments

With auto sales forecast to rise by 15 percent this year, global automakers hope that booming China will drive sales as demand elsewhere slumps.

Dutch Chemicals Maker Expanding U.S. Production

April 17, 2008 5:22 am | News | Comments

DSM NV will invest $450 million over three years to expand production capacity for a fiber used to strengthen body armor and military vehicle plating.


EU Approves British GM Training Grant

April 16, 2008 11:40 am | News | Comments

European Commission approved the British government's plan to give a $17.4 million training grant to General Motors' Vauxhall unit.

Honda Recalling Over 350,000 Accords

April 16, 2008 11:20 am | News | Comments

Japanese automaker is recalling 353,000 Accord sedans from the 2003 model year to address corrosion in the windshield wiper motor.

Japanese Airline To Pay $110 Million For Cargo Price-Fixing

April 16, 2008 11:12 am | News | Comments

Japan Airlines International Co. has agreed to pay $110 million in fine for its role in fixing rates for international cargo shipments, the U.S. Justice Department said.

German Chemical Workers Win Pay Increases

April 16, 2008 7:21 am | News | Comments

Some 550,000 workers in Germany's chemical industry have won pay increases of nearly 5 percent this year and another 3.3 percent in 2009, negotiators said.

Lobbyists: Doha Would Fare Better Than Colombia Deal

April 16, 2008 6:14 am | by Frank Jordans, Associated Press Writer | News | Comments

Group says a substantial global trade deal would stand a better chance of passing through the U.S. Congress than the Colombia FTA that was all but killed this week.


South Korean Cosmetics Maker Recalls Nazi Ad

April 16, 2008 6:10 am | News | Comments

Coreana Cosmetics halting an ad campaign with Nazi references following complaints from a leading anti-Semitism group and the Israeli Embassy in Seoul.

China Sees Strong Growth, Inflation Still An Issue

April 16, 2008 5:30 am | by Joe McDonald, AP Business Writer | News | Comments

Economy grew 10.6 percent in the first quarter, slowing slightly amid gloom about the global economy, but inflation stayed above 8 percent.

Auto Sales Boost Canada’s Manufactured Goods

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

Sales of manufactured goods rose 1.6 percent to $50.1 billion in February, due in part to a gradual bounce-back by Canada's motor-vehicle industry.

Nokia Closure Prompts DHL Shutdown

April 16, 2008 5:23 am | News | Comments

Express delivery company shutting down a branch that depends on a Nokia plant in Germany which is closing in June, a move that will affect some 230 employees.

Euro Inflation Hits New High

April 16, 2008 5:16 am | by Aoife White, AP Business Writer | Airbus | News | Comments

Yearly inflation in countries using the euro jumped to a new high of 3.6 percent, pushing the euro to an all-time record against the dollar.

Chrysler, Nissan Form Vehicle Partnership

April 15, 2008 9:39 am | by Dee-Ann Durbin, Associated Press | News | Comments

Nissan will make a new small car designed by Chrysler, and Chrysler will make a full-size pickup truck designed by Nissan.

Workers Protest At Bulgaria's Largest Steel Maker

April 15, 2008 7:10 am | News | Comments

More than a thousand workers at Kremikovtzi rallied outside the plant to protest delayed salary payments and demand a final decision on the fate of the factory.

Official: European Exports Not Hurt Yet By Strong Euro

April 15, 2008 6:01 am | by Aoife White, AP Business Writer | Airbus | News | Comments

Euro currency zone's top official, Luxembourg Prime Minister Jean-Claude Juncker, said he did not see the strong euro hurting the European economy 'for the time being.'

German Investor Confidence Waivers

April 15, 2008 5:54 am | News | Comments

Investor confidence in Europe's biggest economy unexpectedly declined this month with rising inflation, a strong euro and high oil prices eating into expectations.

EADS Chief Fears Rising Euro

April 15, 2008 5:45 am | by Emma Vandore, AP Business Writer | Airbus, Boeing | News | Comments

CEO Louis Gallois likened the high value of the euro against the U.S. dollar to a 'sword of Damocles' poised to fall on the European defense and aviation consortium.

Japan Auto Parts Supplier To Build Plant In Mississippi

April 15, 2008 5:40 am | News | Comments

Auto components manufacturer will locate a plant in Senatobia, Miss., to supply parts to both the Nissan plant in Madison and the new Toyota plant near Tupelo.

U.S. Food And Drug Inspectors To Be Placed In China

April 15, 2008 5:25 am | by Gillian Wong, Associated Press Writer | News | Comments

Top U.S. health official said the FDA is planning to open an office in China as part of a change in strategy following product safety problems in Chinese imports.

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