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- Hyundai plans more U.S. factory capacity
Hyundai needs more factory capacity in the U.S. and will announce plans to expand production within the next month or so, John Krafcik, CEO of Hyundai Motor America, said today.
Переслать - Ford to bring 635 additional supplier jobs to own plants
Ford plans to bring an additional 635 workers into its plants by 2012 to perform work now done by supplier employees in and outside the U.S. The hiring is made possible by working with the UAW to make Ford plants more competitive, the automaker said.Переслать - Hyundai vows 50 mpg for U.S. lineup by 2025
Hyundai's entire U.S. vehicle lineup will achieve an average of 50 mpg by 2025, Hyundai Motor America CEO John Krafcik pledged today. Speaking here at the Management Briefing Seminars, Krafcik said Hyundai's U.S.Переслать - U.S. industry faces slow recovery, CAR economist says
The U.S. auto industry will have to prepare for a slow, grind-it-out sales recovery if a market analysis by Sean McAlinden proves correct. McAlinden, chief economist of the Center for Automotive Research in Ann Arbor, Mich., said automakers kept U.S.Переслать - White House believes U.S. auto industry can grow
The Obama administration believes the recovery of the U.S. auto industry can be sustained and that it has the potential to grow. Senior White House economic officials told reporters on Wednesday that Ford Motor Co., General Motors Co.Переслать - Ally eases credit threshold for Chrysler leases
Chrysler Group got a boost this week when Ally Bank, the former GMAC, lowered its credit-score threshold for Chrysler customers to qualify for a vehicle lease from 660 to 620.Переслать - Tesla posts wider second-quarter loss, but revenue climbs
Tesla Motors posted a wider second-quarter loss on higher research and development costs as the electric car maker races to launch a new sedan in 2012. Tesla, known for its $109,000 Roadster, reported a second-quarter net loss of $38.Переслать - ADESA Inc.'s parent company reports improved Q2 net income
KAR Auction Services Inc., parent company of ADESA Inc., reported an increase in revenues and net income for its second quarter.Переслать - Marchionne will speak with Chrysler dealers for first time
Chrysler Group CEO Sergio Marchionne plans to address dealers en masse for the first time since assuming control of the company after it emerged from bankruptcy in 2009, say Chrysler and dealer sources.Переслать - Lear, partner plan to open Detroit plant next year
Lear Corp. and partner Comer Holdings LLC said today they plan to open a new assembly plant in the city of Detroit, creating more than 200 manufacturing jobs as early as next year.Переслать
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