Alcoa plans to expand Tenn. plant to meet automotive demand 10:04 am U.S. ET | May 2, 2013 Alcoa, the nation's largest aluminum producer, will expand a plant in Tennessee to meet increasing demand for the lightweight metal in cars and trucks.... Read More »
ArcelorMittal sues Severstal, Nisshin over cold-rolled sheet patent for auto parts 1:04 pm U.S. ET | April 17, 2013 ArcelorMittal USA, part of the world's biggest steelmaker, sued units of OAO Severstal, Russia's second-largest steelmaker, and Nisshin Steel Holdings for allegedly infringing a patent for metal used in auto parts.... Read More »
Alcoa expects to triple its automotive aluminum sales by 2015 10:42 am U.S. ET | April 16, 2013 Alcoa expects to more than triple its sales of aluminum sheet to automakers by 2015 as they reduce car weight by substituting it for steel in car bodies, an Alcoa executive said.... Read More »
BLAKE ZUIDEMA, DIRECTOR OF PRODUCT APPLICATIONS, ARCELORMITTAL ArcelorMittal: Steel is a key to hitting CAFE target 12:01 am U.S. ET | April 15, 2013 Blake Zuidema, 56, ArcelorMittal's director of product applications, says a judicious combination of fuel-efficient powertrains and high-strength steel will allow automakers to meet the 54.5 mpg CAFE target by 2025.... Read More »
U.S. Steel chief: Versatility will keep steel automakers' material of choice 4:16 pm U.S. ET | April 11, 2013 Steel's versatility will ensure that it remains the go-to product for automakers despite the emergence of alternative materials such as aluminum, says United States Steel CEO John Surma.... Read More »
JESSE SNYDER The scientist-juggler heart of car guys 5:33 pm U.S. ET | March 21, 2013 Blake Zuidema is a master juggler. Like the rest of us (I'll explain). Juggler isn't on his ArcelorMittal business card. That reads "Director, Product Applications." His job: Make steel, specifically ArcelorMittal sheet and bar steel, fit the needs of auto designers and manufacturers.... Read More »
NEWS ANALYSIS New steels fight aluminum to oust heavy metal from cars 8:02 pm U.S. ET | March 17, 2013 New high-tech products mean steel is now winning battles in a long war to defend its share of the auto market against lighter aluminum, as automakers have to shed weight to meet emissions standards.... Read More »
Jaguar Land Rover considers $1.2 billion factory in Saudi ArabiaDec. 11, 2012 12:17 CET Jaguar Land Rover signed a letter of intent with Saudi Arabia's government to study the feasibility of setting up a factory to build its models locally.... Read More »
China's luxury car demand to boost aluminum usage, Novelis saysNov. 16, 2012 08:49 CET Novelis, the largest supplier of flat-rolled aluminum products to the auto industry, expects aluminum usage by carmakers in China to beat estimated annual global growth rates as demand surges for luxury car brands.... Read More »
GM tests magnesium sheet metal to take weight out of cars 2:27 pm U.S. ET | Oct. 23, 2012 GM engineers and scientists believe they have made a big step toward the expanded use of magnesium in vehicles by heating the lightweight metal so it can be formed into precise, rigid shapes needed for auto parts.... Read More »
Lutz joins board of steel materials supplier 12:17 pm U.S. ET | Oct. 10, 2012 Former GM Vice Chairman Robert Lutz has joined the board of a private steel materials design company in which the U.S. automaker has invested. NanoSteel has created a technology for the manufacture of a new class of high-strength steel that it hopes to eventually license to steelmakers for use in the auto industry.... Read More »
Steel giant seeks auto partnerships 12:01 am U.S. ET | Oct. 8, 2012 South Korean steel conglomerate Posco Ltd. plans to spend at least $2 billion to create as many as 200 joint ventures -- many with U.S. auto suppliers.... Read More »
VW hopes revamped Golf will help it pass GM, Toyota in global salesSept. 4, 2012 10:35 CET Volkswagen hopes a sleek makeover for its seventh-generation Golf, to be unveiled in Berlin today, will help it remain a best-selling compact car and allow the automaker to achieve its aim of overtaking General Motors and Toyota in global sales.... Read More »
VW lightens Golf by 100 kilos with new platformAug. 22, 2012 08:34 CET Volkswagen will shave as much as 100 kilograms (220 pounds) from the weight of its seventh-generation Golf by using stronger steel to minimize the metal content in its new MQB platform, delivering a reduction of up to 23 percent in fuel consumption.... Read More »
GM invests in 'game-changer' lightweight steelmaker 10:04 am U.S. ET | Aug. 6, 2012 GM is investing in a company that has designed a new type of lightweight, high-strength steel that could help the automaker significantly improve the fuel economy of its future cars and trucks.... Read More »
PSA's problems grow while VW's profits soarJuly 24, 2012 08:19 CET When PSA reports earnings tomorrow, it's likely to show deepening losses as European new-car sales plunge. The decline will be magnified the following day when VW Group is expected to post record profits, the result of years of expansion outside the region and investments in Audi.... Read More »
Severstal: No plans to expand in U.S. as 2 steel lines go live 1:01 pm U.S. ET | June 21, 2012 Russian steel company Severstal has no plans to expand its U.S. manufacturing footprint at this time, CEO Alexey Mordashov said on Thursday.... Read More »
Aluminum car doors, frames on horizon as automakers diet 6:32 pm U.S. ET | June 13, 2012 The global push to improve fuel efficiency in vehicle fleets will more than double demand for aluminum in the auto industry by 2025, Alcoa's director of automotive marketing said Wednesday.... Read More »
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