Manufacturing
 

Nissan expects to reach 10% U.S. share goal ahead of schedule

9:15 pm U.S. ET | Feb. 26, 2015 | UPDATED: 2/26/15 10:37 pm ET - adds regional profits
Nissan North America Chairman Jose Munoz outlined a four-prong capacity expansion plan that could power Nissan to its 10 percent U.S. market share goal ahead of schedule.... Read More »

Strike ends at Brazil GM plant after union flexes muscle

4:13 pm U.S. ET | Feb. 26, 2015
Workers at a General Motors factory in Brazil ended a six-day strike today after the company dropped plans to lay off 800 employees, the union said, ending the latest labor standoff in the troubled...... Read More »

U.S. Senate panel OKs auto industry whistleblower incentive

1:18 pm U.S. ET | Feb. 26, 2015
A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a US Senate panel...... Read More »

Ford hires 400 more than planned in Canada to support output of new Edge

12:01 am U.S. ET | Feb. 26, 2015
Ford has hired about 400 more workers than it previously said it would need to build the redesigned Edge crossover in Canada.... Read More »

Automakers choose aerospace firm to run Takata airbag tests

10:54 am U.S. ET | Feb. 26, 2015
A consortium of 10 automakers formed to investigate the root cause behind Takata airbag inflator ruptures said today they have selected Orbital ATK...... Read More »

GM cuts capacity, jobs in Indonesia, where Japanese dominate

7:32 am U.S. ET | Feb. 26, 2015
General Motors is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing...... Read More »

Federal-Mogul delays split into two public companies

9:58 am U.S. ET | Feb. 26, 2015
Federal-Mogul, the powertrain and aftermarket parts supplier controlled by Wall Street investment mogul Carl Icahn, said this week it will delay a...... Read More »

GM cutting production at 2 plants as car inventory mounts, sources say

11:12 am U.S. ET | Feb. 25, 2015
General Motors is trimming production at two of its car plants amid mounting dealer inventories, an effort to reduce stocks of the Chevrolet Sonic...... Read More »

U.S. orders Takata to preserve airbag inflators for federal probe

4:39 pm U.S. ET | Feb. 25, 2015
A federal safety regulator on Wednesday ordered troubled Japanese supplier Takata to preserve all airbag inflators removed through a recall process...... Read More »

Daimler should rethink expanding U.S. output if euro stays weak, labor chief says

4:54 am U.S. ET | Feb. 25, 2015
Daimler's plans to expand production in the United States should be recalibrated if the euro remains weak against the dollar, the automaker's top...... Read More »

Toyota says union pay demand 'impossible' because costs would jump

6:19 am U.S. ET | Feb. 25, 2015
Toyota rebuffed the largest wage increase proposal from its union since 1998, saying the raise would lift costs by about $168 million.... Read More »

Magna cuts sales forecast on weak Europe demand, approves stock split

7:01 am U.S. ET | Feb. 25, 2015
Canadian auto parts maker Magna International Inc. cut its revenue forecast for 2015, hurt by weak demand from Europe.... Read More »

Jaguar Land Rover 'is indeed looking' at N.A. plant, Tata says

11:16 pm U.S. ET | Feb. 24, 2015
Jaguar Land Rover is "indeed looking at North America as a location for another plant," said the chairman emeritus of owner Tata.... Read More »

Toyota's most high-tech car gets ultra low-tech birth

6:47 am U.S. ET | Feb. 24, 2015
Toyota celebrated the launch of its high-tech Mirai fuel cell vehicle today from its noticeably low-tech production line.... Read More »

Faurecia N.A. boss Heneka to retire March 1; Stidham named new president

3:12 pm U.S. ET | Feb. 24, 2015
Mike Heneka, who led an immense expansion effort in the US as president of Faurecia North America, will retire on March 1, the seating and emissions...... Read More »

Canadian railroad reaches tentative deal with union, averting lockout

11:39 am U.S. ET | Feb. 24, 2015
Canada's biggest railway reached a last-minute tentative agreement with one of its unions on Monday, averting a lockout that threatened to delay...... Read More »

Cooper Standard pares Q4 losses to $12.8 million

3:52 pm U.S. ET | Feb. 24, 2015
Cooper-Standard Holdings Inc., facing foreign currency issues and soft sales on key programs in North America, said it lost $12.... Read More »

Is clock ticking on replacement inflators?

12:01 am U.S. ET | Feb. 23, 2015
Now that Honda has recalled more than 14 million vehicles to fix defective Takata airbag inflators, CEO Takanobu Ito says he is prepared for a...... Read More »

American Axle Q4, full-year revenues jump on non-GM business

3:18 pm U.S. ET | Feb. 23, 2015
American Axle reported leaps in revenue for the fourth quarter and the year.... Read More »

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