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- GM said to invest more than $850 million in five powertrain plants
General Motors Co. plans to announce tomorrow that it will invest more than $850 million to upgrade five North American factories, three people familiar with the matter said.
Переслать - Chrysler asks U.S. court to block new Colo. dealer law
Chrysler Group is asking the U.S. Bankruptcy Court to block a new Colorado dealer reinstatement law -- a move the company took against similar laws in four other states.Переслать - Visteon managers to split up to $237 million in stock, shareholders say
Visteon Corp. managers will split as much as $237 million in stock under a reorganization proposal they are advocating, shareholders of the bankrupt supplier said in court papers.Переслать - Ford Q1 profit expected; focus now sustainability
Ford Motor Co. probably will post earnings exceeding $1 billion tomorrow, capping its first run of four straight quarterly profits since 2005, after CEO Alan Mulally cut back on discounting. First-quarter net income may have been $1.Переслать - Ford's Tony Brown: Supply chain's finances have improved
The threat of widespread distress in the North American automotive parts-supply base has eased, but excess capacity continues to plague the industry, Tony Brown, Ford Motor Co.and#8217;s purchasing chief, said.Переслать - First arbitration hearing: Chrysler dealer and#8216;very optimistic'
The first arbitration hearing of hundreds to come appeared to be a mismatch. Rejected Chrysler dealer Tom James of Cincinnati represented himself April 14 without a lawyer and without calling any witnesses. He spent less than $10,000.Переслать - Volkswagen awards Magna with supply contracts in Tenn.
Canadian supplier Magna International Inc. said today it has won contracts to supply a variety of components and systems for Volkswagen Group of America's new mid-sized sedan, expected to hit the U.S. market in 2011.Переслать - Nissan, GE agree to research vehicle charging
General Electric Co. and Nissan Motor Co. today announced a three-year agreement to collectively research development of charging stations for electric vehicles.Переслать - Tata may beat Hyundai in India, helped by $2,500 Nano
A Tata Motors Ltd. factory opening this week in western India to assemble the $2,500 Nano, the worldand#8217;s cheapest car, may help the company surpass Hyundai Motor Co. this year as the nationand#8217;s second-largest automaker.Переслать - VW seeks new China boss as GM, Hyundai crank up competition
Volkswagen AG's new head of China will have a tough act to follow: Current chief Winfried Vahland brought home a $1 billion profit for the German carmaker last year after reversing losses and a slumping market share.Переслать
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