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Showing 20 results out of 10000
News

BRAZIL: Bosch strike rumbles on

Five thousand metal workers at the Bosch factory in Curitiba, Brazil on Tuesday continued the strike begun on Friday after receiving no new salary increase proposals from their employer.

News

LA PREVIEW: GM nixes new Buick

General Motors is scaling back its presence at the Los Angeles motor show, opening next week, postponing the debut of a new Buick until January in Detroit.

News

MEXICO: Exports boost automakers

Mexican auto production rose 8.1% year on year last month to 214,589 vehicles as export demand rose, the Mexican Auto Industry Association said.

News

US: Democrats rally round automakers

Democratic congressional leaders have said they were ready to push through legislation to aid the US auto industry when they return to Washington for a so-called 'lame duck' session next week.

News

GERMANY: ZF declines comment on India deal end

ZF Friedrichshafen has declined to comment on claims by India's Force Motors that it would be entitled to EUR8m in compensation for cutting short a licensing deal with the German components specialist.

News

US: Fed aid delay could spur supplier demands

A delay in federal aid could speed up General Motors' collapse by prompting suppliers to demand shorter payment terms to protect themselves from the threat of not being paid in a bankruptcy, US analysts said.

News

SOUTH KOREA: GM-Daewoo shutting up to 45 days?

Having confirmed earlier it was considering temporary plant closures, GM Daewoo Automotive and Technology is now reported to be planning to halt production for up to 45 days after a sharp drop in exports.

News

CHINA: Higher costs hit power steering maker

Power steering specialist China Automotive Systems boosted third quarter net sales 18.4% year on year to US$36.9m as sales of steering components for passenger and light-duty increased 22% to $24.6m. Net income rose 7.2% to $2.8m.

News

BELGIUM: Auto glass makers fined EUR1.4bn

The European Commission has imposed fines totalling EUR1,383,896,000 on car glass manufacturers Asahi, UK-based Pilkington, Saint-Gobain and Soliver for illegal market sharing, and exchange of commercially sensitive information.