Manufacturing
 

Ford to shutter Australia car, engine plants in 2016

8:04 pm U.S. ET | May 22, 2013
Ford, citing high operating costs, falling sales and financial losses, will close its Australian car and engine assembly plants in 2016, ending almost nine decades of manufacturing in the country.... Read More »
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Ford, Chrysler to reduce summer shutdowns at most N.A. plants

12:01 am U.S. ET | May 22, 2013
Ford Motor and Chrysler Group said today they are scaling back annual summer production shutdowns this year in hopes of boosting output of key models in North America. General Motors declined to disclose specific summer plans.... Read More »
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Lasorda, Penske launch venture fund for tech startups

1:00 pm U.S. ET | May 23, 2013
Tom LaSorda, the former CEO of Chrysler and Fisker Automotive, has started a new venture capital fund -- with investors that include auto racing and retailing executive Roger Penske -- that will invest in startup companies in health care, clean energy, transportation, information technology, software and applications.... Read More »
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Nissan will recall 841,000 vehicles globally due to steering wheel glitch

3:44 am U.S. ET | May 23, 2013
Nissan will recall about 841,000 vehicles worldwide as a result of a steering wheel glitch that could result in a loss of steering. The automaker said no accidents have been reported.... Read More »
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Gentex CFO leaves but will work with supplier as consultant

4:02 pm U.S. ET | May 22, 2013
Gentex, a maker of rearview mirrors and electronics parts, said its CFO and vice president of finance has left the company but will remain a consultant with the supplier.... Read More »
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Lutz's VL Automotive, Chinese supplier bid $20 million for Fisker, report says

2:02 pm U.S. ET | May 21, 2013
A boutique carmaker led by a former GM executive Bob Lutz and China's largest auto parts supplier submitted an offer of $20 million to buy cash-strapped automaker Fisker Automotive, people familiar with the matter told Reuters today.... Read More »
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Ford to maintain Canadian factory footprint despite high labor costs

12:49 pm U.S. ET | May 21, 2013
Ford is confident it can preserve its manufacturing profile in Canada despite uncompetitive operating costs tied to the high Canadian dollar, the company's top executive in the country said today.... Read More »
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Two Denso executives to plead guilty to price fixing, U.S. says

10:54 am U.S. ET | May 21, 2013
Two executives at Toyota-affiliated supplier Denso have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the federal Justice Department said today.... Read More »
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Ex-battery maker B456 wins court approval for bankruptcy plan

3:19 pm U.S. ET | May 20, 2013
B456 Systems, the bankrupt electric-car battery maker formerly called A123 Systems, won court approval of a plan to exit bankruptcy that pays creditors from the proceeds of selling virtually all its assets.... Read More »
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Magna opens body, chassis plant in China's Chongqing

3:36 am U.S. ET | May 20, 2013
Magna's Cosma unit has opened a plant in southwest China to supply body and chassis parts to automakers in the area including Ford and Volkswagen.... Read More »
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CARS & CONCEPTS

NSX's electric motors will help handling

12:01 am U.S. ET | May 20, 2013
Technical details on the Acura NSX coming in 2015 are scarce, but large-project leader Ted Klaus offered a few nuggets last week as Honda officials announced that the sports car will be built in Ohio.... Read More »
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CARS & CONCEPTS

Sources: Chrysler plans high-hp Hellcat V-8

12:01 am U.S. ET | May 20, 2013
Chrysler Group is developing a supercharged Hemi V-8 with power approaching the 640 hp of the SRT Viper's V-10.... Read More »
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Infiniti: Raise quality, sales will follow

12:01 am U.S. ET | May 20, 2013
Infiniti President Johan de Nysschen, poached last summer from Audi, aims to push into new segments, restore profitability to Nissan's luxury marque and fix lackluster quality rankings. Nissan CEO Carlos Ghosn has ordered de Nysschen to make the brand a top-tier premium player and boost global sales to 500,000 by 2016 from just 170,000 last year.... Read More »
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FINAL ASSEMBLY

And the condo elevator goes from 0 to 60 in ...

12:01 am U.S. ET | May 20, 2013
Pininfarina, the Italian design house famous for styling Ferrari cars, also does condos.... Read More »
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Industry: EU trade deal would lift exports

12:01 am U.S. ET | May 20, 2013
U.S. auto exports to Europe could quadruple within 15 years if regulators get rid of tariffs and adopt standard vehicle-safety rules, automaker associations say.... Read More »
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Cost is key to fate of talking cars

12:01 am U.S. ET | May 20, 2013
Cars that communicate with each other to avoid crashes or traffic jams will save lives, but the cost of the systems will determine consumers' acceptance, the U.S. transportation secretary said last week.... Read More »
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Acura seeks image boost by reviving NSX in Ohio

12:01 am U.S. ET | May 20, 2013
Honda officials hope the revived Acura NSX, an advanced hybrid sports car scheduled to arrive in 2015, will strengthen Acura's luxury footing. Honda said last week that it will invest $70 million in Ohio to assemble the NSX.... Read More »
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PRODUCTION LINE

Chafing against engine friction

12:01 am U.S. ET | May 20, 2013
Friction is enemy No. 1 for powertrain engineers striving to meet rising fuel-economy standards. Lower friction enables engines to efficiently produce more horsepower per liter of displacement.... Read More »
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PRODUCTION LINE Q&A: AUDI'S BERND MARTENS

Audi plans 90% local sourcing in Mexico

12:01 am U.S. ET | May 20, 2013
In September, Bernd Martens took over Audi purchasing as a member of the Audi management board. Martens, 47, gave Automotive News' German-language sibling publication, Automobilwoche, a look at how he and his team explored sourcing in Mexico.... Read More »
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