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World Bank: China’s Economic Growth Cools
10/8/2012The World Bank predicts the Chinese economy will expand 7.7% this year, down from its May forecast of 8.2% growth.
Major Japanese Carmakers to Halve Output in China
10/8/2012Toyota, Nissan and Honda plan to slash their production in China by about half after strong anti-Japan sentiment devastated their sales there in September, The Nikkei reports.
Truckers’ Strike Slows South Africa GM Plant
10/8/2012An ongoing national strike by 20,000 truck drivers in South Africa has trimmed output at General Motors Co.'s assembly plant in Port Elizabeth.
Magna Exec Hired As Ricardo’s U.S. President
10/7/2012U.K.-based engineering firm Ricardo plc has recruited Thomas Apostolos, a veteran executive at Canadian supplier Magna International Inc., as president of its U.S. unit.
Ricardo Recruits Magna Exec As U.S. President
10/7/2012U.K.-based engineering firm Ricardo plc has hired Thomas Apostolos, a veteran executive at Canadian supplier Magna International Inc., as president of its U.S. unit.
Ford Names First Europe-Based Global Powertrain Chief
10/7/2012Ford Motor Co. has appointed Andreas Schamel as global chief of powertrain, research and advanced engineering.
Ford Names New Global Powertrain Chief
10/7/2012Ford Motor Co. has appointed Andreas Schamel as global chief of powertrain, research and advanced engineering.
900-hp Ferrari to Get Detroit Reveal
10/7/2012Ferrari SpA will debut its new 900-hp hybrid supercar at the Detroit auto show in January, Automotive News Europe reports.
Hybrid Ferrari to Get Detroit Reveal
10/7/2012Ferrari SpA will debut its new 900-hp hybrid supercar at the Detroit auto show in January, Automotive News Europe reports.
Honda to Recall 2002-2006 CR-V Crossovers
10/7/2012Honda Motor Co. plans to recall 268,700 CR-V small crossovers in the U.S. and 220,000 of the vehicles in Europe to replace a power window switch that could short out and cause a fire.