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Annual Growth in Aluminum Demand to Top 25% in China
11/19/2012Luxury carmakers striving to meet future fuel economy rules will drive 25% annual growth in worldwide consumption of lightweight sheet aluminum, Bloomberg News reports.
Korea Union Protest GM Plan to Move Work Abroad
11/19/2012Labor leaders in South Korea have warned General Motors Co. that it will face "enormous resistance" from its workers if the company does not rescind a decision to shift production of the next-generation of Chevrolet Cruze to another region, Reuters reports.
Korea Union Protest GM Plan to Move Work Overseas
11/19/2012Labor leaders in South Korea have warned General Motors Co. that it will face "enormous resistance" from its workers if the company does not rescind a decision to shift production of the next-generation of Chevrolet Cruze to another region, Reuters reports.
A123 Got U.S. Financing on Day of Bankruptcy
11/18/2012Battery maker A123 Systems Inc. received a $947,000 grant payment from the Dept. of Energy on Oct. 16, the day it filed for Chapter 11 protection from creditors.
Chery, JLR Launch $1.7 Billion Venture in China
11/18/2012Chery Automobile Co. and Tata Motors Ltd.'s Jaguar Land Rover unit and have broken ground for a $1.7 billion complex in Changsu near Shanghai that includes an R&D center, assembly and engine plants and development of a new China-specific brand.
Daimler to Add Board Member to Oversee China Unit
11/18/2012Daimler AG intends to put a senior executive in charge of its operations in China, thus adding an eighth member to its management board, Der Spiegel reports.
NHTSA Deputy to Join Google
11/18/2012Ron Medford, deputy director of the National Highway Traffic Safety Administration, has resigned after nine years at the agency to join Google Inc. in in January.
Chery, Jaguar Land Rover Launch $1.7 Billion Venture
11/18/2012Chery Automobile Co. and Tata Motors Ltd.'s Jaguar Land Rover unit and have broken ground for their 10.9 billion yuan ($1.7 billion) joint venture in Changsu in Jiangsu Province.