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- Dow forms JV to produce lithium-ion battery material
Dow Chemical, the largest U.S. chemical maker, formed a joint venture that will produce enough electrolytes used in lithium-ion batteries to meet about half of current demand.
Переслать - U.S., emerging markets counter falling sales in Europe for Mercedes
Sales of Mercedes-Benz Cars rose 6.5 percent to 130,824 vehicles in June, the automaker said Tuesday. Strong growth in developing markets, and a rise in the carmaker's second-strongest market, the U.S.Переслать - Group 1 finalizes new $1.35 billion line of credit
Group 1 Automotive, the fourth largest dealership group in the United States, announced today it has established a $1.35 billion line of credit with 21 financial institutions. The dealership group plans to use $1.Переслать - Youngstown mayor to head auto recovery unit
Jay Williams, the mayor of Youngstown, Ohio, was named director of the government organization charged with assisting communities affected by the declines in the auto industry.Переслать - GM, Ford boost China sales in June
General Motors said its June sales in China rose 10 percent to 193,878 units, reversing a two-month decline as customers bought more Buick and Chevrolet passenger cars.Переслать - Ford ad agency gets new CEO
Ford's advertising agency, Team Detroit, has a new CEO. The agency today named Satish Korde CEO effective immediately. He had been global client director for Team Detroit's parent company, WPP Group.Переслать - Subaru's 5-year plan seeks 24% boost in N. American sales
Subaru, which sold a record 264,000 vehicles in the United States last year, aims to boost North American sales 24 percent to 380,000 units in the next five years under a new mid-term business plan that focuses on the United States and China.Переслать - Mitsubishi Motors unveils cheaper i-MiEV electric car
Mitsubishi launched two new versions of the i-MiEV electric car today, slashing the price on one and extending the range on the other to appeal to more consumers in the nascent zero-emission field.Переслать - Widening GM truck supply reminiscent of 2008 'bad habits'
General Motors stocked Jim Ellis Chevrolet in Atlanta with plenty of Silverado full-size pickups in early 2011, part of a wager on a strong economic recovery. The strategy is backfiring.Переслать - Suit alleges GM ignored Impala defect
GM issued recalls to fix a faulty part on police versions of 2007-08 Chevrolet Impalas but ignored more than 400,000 U.S. civilian buyers, according to a lawsuit filed last week.Переслать
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