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America Shrinks Trade Gap As Exports Rise
11/9/2012The U.S. trade deficit unexpectedly narrowed 5% to $41.6 billion from August to September the lowest level in almost two years, the Dept. of Commerce reports.
BMW M Diesel Features BorgWarner Triple Turbo System
11/9/2012The 6-cylinder oil burner that powers BMW AG's new line of diesel-powered M models features a triple turbocharger system supplied by BorgWarner Inc.
Jaguar F-Type Likely to Offer a Manual Transmission
11/9/2012Tata Motors Ltd.'s Jaguar Cars unit plans to bring back the manual transmission at least as an option on the F-Type sports car due next year, Autocar reports.
EU Promises Aid to Ailing Auto Industry
11/8/2012The EU has unveiled its Cars 2020 initiative, which pledges to help the region's auto industry climb out of an expected 17-year low in vehicle sales this year.
Jaguar F-Type to Get Manual Transmission
11/8/2012Tata Motors Ltd.'s Jaguar Cars unit plans to bring back the manual transmission at least on the F-Type sports car due next year, Autocar reports.
Europe Lowers Economic Outlook
11/8/2012The European Commission, which had predicted growth next year of 1% in the 17-country eurozone and 1.3% in the 27-country European Union, now expects expansion of only 0.1% and 0.4%, respectively.
EC Cuts Eurozone Growth Outlook
11/8/2012The European Commission has chopped its 2013 forecast for the eurozone economy to a scant 0.1% expansion from its previous prediction of 1% growth.
Siemens Unveils Sweeping Restructuring
11/8/2012Siemens AG has launched a broad restructuring program to shed underperforming business and slash costs by €6 billion over the next two years.
Wanxiang to Bid in U.S. Auction of A123 Assets
11/8/2012A federal bankruptcy judge has scheduled a Dec. 6 auction of the assets of lithium-ion battery maker A123 Systems, which is expected to be a showdown between Wisconsin-based Johnson Controls and China's Wanxiang Group.
Bankruptcy Court Sets Auction of A123 Assets
11/8/2012A federal bankruptcy judge has scheduled a Dec. 6 auction of the assets of lithium-ion battery maker A123 Systems, which is expected to be a showdown between Milwaukee-based Johnson Controls and China's Wanxiang Group.