JCI to Sell HomeLink Unit to Gentex
7/19/2013Johnson Controls Inc. is selling its HomeLink auto electronics business to Zeeland, Mich.-based Gentex Corp. for $700 million.
MyFord Touch System Faces Legal Challenge
7/19/2013The owner of a Ford F-150 pickup truck is attempting to organize a class-action lawsuit against Ford Motor Co. over alleged defects of the company's MyFord Touch infotainment system.
ArcelorMittal Cancels Huge Steel Plant in India
7/18/2013Luxembourg-based steelmaker ArcelorMittal SA has abandoned plans to build an $8.5 billion (€ billion) steel factory in the city of Keonjhar in eastern India.
ArcelorMittal Cancels Giant Steel Plant in India
7/18/2013Luxembourg-based steelmaker ArcelorMittal SA has abandoned plans to build an $8.5 billion steel factory in the city of Keonjhar in eastern India.
Honda to Build Acura Vehicles in China
7/18/2013Honda Motor Co. has reached a framework agreement to begin building vehicles for its Acura luxury brand in 2016 with Guangzhou Automobile Co. at their Chinese joint venture.
Honda to Build Acura Vehicles in China
7/18/2013Honda Motor Co. has reached a framework agreement to begin building vehicles for its Acura luxury brand in 2016 with Guangzhou Automobile Co. at their Chinese joint venture.
Supply Chain Expert Named Commerce Dept.’s Top Economist
7/18/2013The U.S. Dept. of Commerce has hired Susan Helper, an Ohio economics professor who has studied the auto industry, as its chief economist.
U.S. Leading Economic Index Move Sideways
7/18/2013The index of leading economic Indicators, a gauge of future U.S. growth, was unchanged from May to June at 95.3, the New York City-based Conference Board reports.
Senate Confirms McCarthy As EPA Chief
7/18/2013The U.S. Senate has voted 59:40 to confirm Gina McCarthy as the new administrator of the Environmental Protection Agency.
GM Studies Tesla’s Success, Looks for Ways to Innovate Faster
7/18/2013General Motors Co. has set up a small group to assess how the company's EV programs might be threatened by startup electric car maker Tesla Motors Inc., Bloomberg News reports.