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Report: Steel Could Match Aluminum in Weight Saving
4/17/2013Advanced high-strength steel for vehicle body structures could soon match the weight of today's aluminum-bodied designs, according to a new analysis by the World Steel Assn.'s WorldAutoSteel unit.
BMW’s New EV Brand for China: Zinoro
4/17/2013BMW AG and partner Brilliance China Automotive Holdings Co. Ltd. will introduce their first electric vehicle in China under the new EV-only Zinoro brand early next year.
UPDATE: Protean Opens Electric Wheel-Hub Drive Facility in China
4/17/2013Protean Electric Inc. is ramping up capacity in Liyang, China, this year to build as many as 100,000 of its in-hub electric drive units annually.
Ford Raises Stake in China’s Jiangling Motors
4/17/2013Ford Motor Co. has purchased 13 million shares of Chinese partner Jiangling Motors Corp. over the past three months, thus boosting its stake to 31.5% from 30%.
VIEWPOINT | A CLEANER, MORE FLEXIBLE METHOD TO PRETREAT ALUMINUM
4/17/2013Carmakers routinely use the zinc phosphate bath that cleans and prepares sheet steel for the paint process to achieve the same results for a vehicle's aluminum components.
PSA Bank Rating Cut to Junk-Bond Level
4/17/2013Moody's Investors Service has lowered its rating for PSA Peugeot Citroen's finance arm by one notch to Ba1, one step below investment grade.
GM Starts Production of Electric Motors for Spark EV
4/17/2013General Motors Co. has begun making electric motors and drivetrains for its new Chevrolet Spark electric city car at its Baltimore Operations plant in White Marsh, Md.
Chevy’s Global Sales Creep Higher
4/16/2013General Motors Co.'s Chevrolet unit sold 1.18 million vehicles worldwide in the first quarter of 2013, up 2,000 units from a year earlier.
Navistar Truck Boss Becomes COO
4/16/2013Navistar International Corp. has promoted Jack Allen, president of its North America truck and parts business, to chief operating officer, effective immediately.
Weaker Yen Poses Threat to GM
4/16/2013The depreciation of Japan's currency is a "real threat" to General Motors Co., although it has not yet hurt the company's sales, says Mark Reuss, president of GM North America.