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- After making changes sought by industry, Senate panel to vote on safety bill
A Senate panel will vote tomorrow on a broad vehicle safety bill that has been modified to satisfy the auto industry and more closely track the House legislation crafted after Toyota's safety recalls.
Переслать - U.S. suppliers' prospects brighten, Moody's says
Moody's Investors Service today revised its outlook for U.S. automotive parts suppliers to positive from stable, citing growing demand for vehicle parts as sales rise in a recovering economy. Moody's revised upward its U.S.Переслать - Ford aims to complete Mercury dealer talks by year end
Ford Motor Co. hopes to wrap talks by year end with the dealers for the Mercury brand it is shutting to focus on its mass-market Ford and luxury Lincoln brands, CEO Alan Mulally said today.Переслать - Supplier Innatech's assets acquired in bankruptcy court
Supplier Engineered Plastic Components Inc. has acquired the assets of plastics parts maker Innatech LLC through a sale in U.S. Bankruptcy Court. Innatech's operations will close, and the work will be folded into its EPC's existing eight plants.Переслать - GM issues shares worth $24.5 million to executives
General Motors Co. is giving 12 top executives share equivalents worth an estimated total of $24.5 million that could be exercised once the company goes public. CEO Ed Whitacre wants GM shares to trade by the fourth quarter.Переслать - GM to recall 1.5 million vehicles for fire risk
General Motors Co. said it is recalling 1.5 million vehicles with heated washer-fluid systems following engine fires that occurred even after many of the same cars were recalled in 2008 for electrical shorts.Переслать - Honda to halt production at two China assembly plants
Honda Motor Co. is suspending operations at two China assembly plants after a strike at an exhaust systems supplier disrupted production just days after a strike at another supplier was settled.Переслать - China May car sales rise 26%, slowest growth rate this year
China's passenger-car sales in May rose 26 percent from a year earlier, the slowest pace this year, setting the stage for more moderate but solid growth in the coming months after fast-paced expansion in 2009.Переслать - Daimler bribery probe launched in Nigeria
Nigeria's anti-corruption agency said today it was investigating the involvement of Nigerian officials in alleged bribes paid by luxury car and truck maker Daimler AG and a local vehicle assembly company.Переслать
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