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Opel Unions Trade Pay Freeze for Job Security
2/28/2013General Motors Co.'s Opel unit and the IG Metall union have reached a pact that will freeze wages through 2015 for the company's more than 20,000 hourly workers in Germany.
Supplier Price-Fixing Probe Spreads to Steelmakers
2/28/2013German steelmaker ThyssenKrupp AG says the country's anti-trust authorities raided its offices on Thursday.
Regulators Raid ThyssenKrupp Offices
2/28/2013Essen-based steelmaker ThyssenKrupp AG says German anti-trust authorities raided its offices on Thursday.
Commercial Vehicle Sales Tumble 10% in Europe
2/28/2013Registrations of new commercial vehicles across Europe fell to 131,900 units in January from 146,900 units a year earlier.
Ford to Sell Cars in Myanmar
2/28/2013Ford Motor Co. has signed an agreement with distributor Capital Automotive Ltd. to sell its vehicles in Myanmar, Yangon-based newspaper Eleven reports.
American Economy Grew Slightly in Late 2012
2/28/2013The Dept. of Commerce, which previously estimated that U.S. gross domestic product shrank 0.1% in the fourth quarter of last year, now calculates that the economy expanded 0.1% in that period.
India Expects Its Economy to Pick Up
2/28/2013India's economy, which has expanded an estimated 5% in the fiscal year ending March 31, will grow 6.1%-6.7% in the next 12-month period, according to the country's Finance Ministry.
Chrysler to Build 9-Speed ZF Transmissions in Indiana
2/28/2013Chrysler Group LLC confirms it will begin building 9-speed ZF-licensed transmissions a year from now at two plants in Indiana.
UAW Meets with Nissan Employees in Tennessee
2/28/2013The United Auto Workers union attracted several hundred workers to gatherings earlier this week in Smyrna, Tenn., to talk about unionizing Nissan Motor Co.'s assembly plant there.
BMW, Continental Partner on Automated Driving Project
2/28/2013BMW AG and Continental AG have launched a two-year project to test autonomous vehicle systems for use on European freeways.