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Ricardo Tests “Leakproof “Flywheel System
5/2/2013Researchers at Ricardo plc are developing a touchless magnetic coupling to tap energy stored in high-speed flywheels.
Alcoa to Expand U.S. Aluminum Sheet Capacity
5/2/2013Alcoa Inc. says it will spend $275 million to increase sheet aluminum capacity by an undisclosed amount at its rolling mill in Alcoa, Tenn., by 2015.
Honda Plans $470 Million Gearbox Plant in Mexico
5/2/2013Honda Motor Corp. says it will open a new plant in Guanajuato, Mexico, in the second half of 2015 with initial annual capacity to make 350,000 continuously variable transmissions.
GM Profit Falls 11% Despite Narrow Loss in Europe
5/2/2013General Motors Co. netted $1.2 billion (€900 million) in the first quarter of this year compared with $1.3 billion (€1 billion) in the same period of 2012 as operating results eroded in every region except Europe.
GM Earnings Tumble 11% to $1.2 Billion
5/2/2013General Motors Co. netted $1.2 billion in the first quarter of this year compared with $1.3 billion in the same period of 2012 as operating results eroded in every region except Europe.
GM Quarterly Profit Falls 11% to $1.2 Billion
5/2/2013General Motors Co. netted $1.2 billion in the first quarter of this year compared with $1.3 billion in the same period of 2012 as operating results eroded in every region except Europe.
Ford to Expand Missouri Truck Plant
5/2/2013Ford Motor Co. plans to invest $1.1 billion to retool and expand its assembly plant in Claycomo, Mo., to increase output of the popular F-150 fullsize pickup truck and launch production of the latest generation of the Ford Transit large van.
Vehicle Sales Rise 2% in Japan
5/2/2013Deliveries of new cars, minivehicles, trucks and buses in Japan grew to 365,200 units last month from 359,700 units a year earlier, according to the country's carmaker groups.
Auto Sales in Japan Grow 2%
5/2/2013Deliveries of new cars, minivehicles, trucks and buses in Japan rose to 365,200 units last month from 359,700 units a year earlier, according to the country's carmaker groups.
Fed to Keep Buying Bonds to Boost U.S. Economy
5/2/2013The Federal Reserve says it will continue buying $85 billion in bonds per month under a program that aims to stimulate the economy.