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Daily news and top headlines for manufacturing professionals

Delphi Talks Continue As Deadline Looms

May 21, 2009 9:36 am | by Bree Fowler, AP Auto Writer | News | Comments

Talks between Delphi and members of President Obama's automotive task force continue in hopes of reaching a deal on a plan to lift the auto supplier out of bankruptcy.

Auto Industry Casualties Receive $50M For Green Jobs

May 21, 2009 9:06 am | by James Hannah, Associated Press Writer | News | Comments

Federal government is making $50 million in federal funds available for green energy job training in communities hurt by layoffs in the auto industry.

Lawyer Says Delphi, Auto Task Force Continue Talks

May 21, 2009 7:45 am | News | Comments

Attorney for Delphi says talks with members of President Obama's automotive task force continue in hopes of reaching a deal to lift the auto supplier out of bankruptcy protection.


German Leaders To Review Opel Plans

May 21, 2009 7:32 am | by Patrick McGroarty, Associated Press Writer | News | Comments

General Motors will ultimately choose Opel's investor, but Berlin will decide whether and how to lend state support to the selected bidder.

Number Of New Unemployment Claims Declines

May 21, 2009 7:30 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Initial claims for jobless benefits fell to a seasonally adjusted 631,000, down from a revised figure of 643,000 the previous week.

U.S., EU Clash Over Wine Labeling Rule

May 21, 2009 5:20 am | by Shannon Dininny, Associated Press Writer | News | Comments

European Union has barred U.S. wineries from exporting any wines with labels that include any of a dozen traditional words or phrases to describe the wine or name the winery.

Senate Approves New Weapons Buying Process

May 21, 2009 5:10 am | by Jim Abrams, Associated Press Writer | News | Comments

Lawmakers voted Wednesday to bring new discipline to a Pentagon weapons acquisition system that too often goes off target with exploding costs and lengthy delays.

Tessera Wins Patent Dispute Against Rival Chipmakers

May 21, 2009 5:05 am | News | Comments

Company said it won a patent dispute over small-format semiconductor packaging products against rivals Motorola, Qualcomm, Freescale Semiconductor and Spansion.


Chrysler To Lay Off Almost 1,000 Workers In Illinois

May 20, 2009 1:53 pm | News | Comments

Automaker plans to lay off 992 workers at its Belvidere assembly plant in northern Illinois and convert the plant to a one-shift operation.

Lawyer: Intel To Appeal EU Charge, Faces 'Uphill Battle'

May 20, 2009 10:40 am | News | Comments

General counsel for the world's No. 1 computer microprocessor maker says fighting the European Union’s record $1.45 billion antitrust fine will be an ‘uphill battle.’

3 Bids Submitted For GM's Opel

May 20, 2009 10:32 am | by Patrick McGroarty, Associated Press Writer | News | Comments

At least three bids were submitted Wednesday from suitors interested in acquiring or taking a stake in GM's ailing unit Adam Opel GmbH, a GM Europe spokesman said.

Judge OKs $5 Billion Chrysler Financing

May 20, 2009 10:23 am | by Bree Fowler, AP Auto Writer | News | Comments

Bankruptcy judge ruled Wednesday Chrysler can use $4.96 billion in government loans to keep operating and create a bridge to the sale of its most valuable assets to Fiat.

Canada’s Leading Indicators Rise In March

May 20, 2009 6:05 am | News | Comments

Rate of decline in the leading indicators' five-month average slowed to 1.1 percent in April from 1.5 percent in March.


Japanese Economy Shrinks At Record Pace

May 20, 2009 6:00 am | by Tomoko A. Hosaka, Associated Press Writer | News | Comments

Japan's economy contracted by 15.2 percent annual pace in first quarter, its sharpest drop on record, but economists are optimistic that a recovery is near.

GM Struggling To Reach Deals With Treasury, UAW

May 20, 2009 5:50 am | by Tom Krisher, AP Auto Writer | News | Comments

Automaker does not expect to reach agreement on concessions with the United Auto Workers union or the Treasury Department on its debt-for-equity exchange before May 26 deadline.

New Emission Standards Will Transform U.S. Auto Fleet

May 20, 2009 5:40 am | by Tom Krisher, AP Auto Writer | News | Comments

Higher mileage and emissions standards set by the Obama administration mean U.S. cars and trucks will have to become smaller, lighter and more efficient by 2016.

Japan's Automakers Applaud U.S. Push For Green Cars

May 20, 2009 5:25 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota and Honda praised President Obama's rules to push green vehicles and transform U.S. auto industry -- a shift likely to put Japan's manufacturers at an advantage.

Congress To Increase Oversight On Weapon Deals

May 20, 2009 5:15 am | by Jim Abrams, Associated Press Writer | News | Comments

Lawmakers quickly agreed Tuesday on legislation to tighten controls over how the U.S. Defense Department buys and develops weapons systems.

Green Incentives Boost Demand For Japanese Cars

May 20, 2009 5:03 am | by Yuri Kageyama, AP Business Writer | News | Comments

Government incentives in Europe and Japan to buy green vehicles gradually lifting sales at Japan's automakers, offering a bit of relief to the battered industry.

Michigan Pushes For Federal Battery Funds

May 19, 2009 10:30 am | News | Comments

State lawmakers asking federal energy secretary for a sizable share of grants spurring the manufacturing of advanced batteries, electric motors and electronics.

Automakers, Obama Set Mileage, Pollution Rules

May 19, 2009 8:05 am | by Ken Thomas, Associated Press Writers | News | Comments

President to announce first-ever national emissions limits for cars and trucks, and require a 35.5 miles per gallon standard.

Emissions Proposal Could Hurt Big Three

May 19, 2009 6:17 am | News | Comments

Analyst said he expects the proposal to lead to a greater product shift toward cars from light trucks, reducing the average vehicle part content and margin.

Japan's Industrial Output Rises In March

May 19, 2009 6:00 am | News | Comments

Industrial output in Japan rose a seasonally adjusted 1.6 percent in March from the previous month, the first growth in six months.

U.S. Says Wyeth Cheated Medicaid

May 19, 2009 5:35 am | by Devlin Barrett, Associated Press Writer | News | Comments

Justice Department accused one of the nation's biggest drugmakers of cheating Medicaid programs out of hundreds of millions of dollars by overcharging for a stomach acid drug.

Nader: Auto Restructuring Needs More Gov't Oversight

May 19, 2009 5:30 am | News | Comments

Consumer activist Ralph Nader called on Congress to hold hearings into dealership and factory closures at General Motors and Chrysler before ‘irreversible measures’ are taken.

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