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- American Axle plant closing underscores shift in factory jobs
The closure of American Axle's Detroit manufacturing complex in February 2012 will complete another chapter of supplier plant job losses across the industrial Midwest and United States.
Переслать - Prosecutors drop charges against Ohio dealer
Cuyahoga County prosecutors dropped charges Friday against car dealer Tom Ganley, who was indicted in March on seven sex-related allegations. His trial was scheduled to begin July 27.Переслать - Chrysler sets prices on 4 new SRT models
Chrysler, which is reviving its SRT performance brand, has set prices on the first four SRT vehicles it is selling: the Chrysler 300 SRT8, Dodge Charger SRT8, Dodge Challenger SRT8 and Jeep Grand Cherokee SRT8.Переслать - Mitsubishi bets on lower price to lure U.S. buyers to i EV
Mitsubishi hopes being the lowest-priced electric car on the market will help its egg-shaped, city car-sized i make a dent in the burgeoning electric vehicle market.Переслать - VW 'confident' it will keep outpacing world market in second half
VW said it expects to continue outperforming the auto market in the second half after posting a record 4.1 million deliveries in the first six months of the year. Its first-half sales rose 14 percent while global industry sales increased 6.Переслать - Lehman sues AmeriCredit over interest rate swap deals
A Lehman Brothers unit sued AmeriCredit Financial Services for breach of contract, alleging it undervalued termination payments for interest rate swap agreements connected to auto-loan securitizations.Переслать - Mitsubishi scouts new source of lithium ion batteries for EV surge
Mitsubishi Motors, which already makes electric-vehicle batteries through an in-house joint venture, wants to source more lithium ion power packs from outside to guarantee supply as it begins a product blitz of electric cars and plug-in hybrids.Переслать - UAW to fight Chrysler plan to use non-union truckers
Chrysler, heading into labor negotiations with the UAW, is proposing a plan to purchase trucks for use by non-union workers to transport vehicles.Переслать - Ford taps U.S. playbook to win over Europeans
Ford is aiming to replicate in Germany what it has achieved in the U.S.: Use fuel economy and technology such as voice-activated stereos to command more respect and cash from German car buyers.Переслать - U.S. extends concession on trucks to win support for higher mpg targets
In a concession that helps Detroit's Big 3, the Obama administration is willing to allow automakers to improve the fuel economy of future trucks and SUVS at a slower pace than cars, The Wall Street Journal reported, citing people familiar...Переслать
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