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UAW STRIKE AT AMERICAN AXLE

Railroad: UAW strike costs $15M a month

The UAW strike at American Axle & Manufacturing Holdings Inc. is costing Union Pacific Corp. $15 million in lost revenue per month, the No. 1 U.S. railroad said on Thursday. [REG]

Expensive gas worries GM purchasing chief

imageRising crude oil prices are hitting hard at General Motors and other North American automakers, says GM purchasing chief Bo Andersson. U.S. vehicle sales drop when gasoline tops $3.30 per gallon, Andersson said. That's close to its current national a... [REG]

AUTOMOTIVE NEWS WORLD CONGRESS

Port bottlenecks could hamper Indian exports

imageIndia's rapidly growing automotive industry is hoping for a significant percentage of exports. But the country's limited number of harbors capable of handling exports and selective labor shortages pose roadblocks to its expansion plans, says Sanjay R... [REG]