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Ford Cuts 2012 Outlook As Quarterly Profit Tumbles 58%
7/25/2012Ford Motor Co. netted $1 billion in the second quarter of this year compared with $2.4 billion in the same period of 2011.
Truckmakers Seek More Lenient Stability Control Rules
7/25/2012Truckmakers are lobbying for a more flexible U.S. electronic stability control standard for commercial vehicles, Bloomberg News reports.
Truckmakers Push for More Flexible ESC Standard
7/25/2012Truckmakers are lobbying for a more lenient U.S. stability control standard for commercial vehicles, Bloomberg News reports.
Toyota to Erect Its First Transmission Plant in China
7/25/2012Toyota Motor Corp. says it will spend $285 million to open its first transmission factory in China in September 2014.
Toyota to Build Its First Transmission Plant in China
7/25/2012Toyota Motor Corp. says it will spend $285 million to open its first transmission factory in China in September 2014.
Chrysler Could Be Strike Target in Canada
7/25/2012The Canadian Auto Workers union is likely to pick Chrysler Group LLC as the strike target in contract talks with Detroit automakers that are scheduled to begin on Aug. 14 in Toronto, the Windsor Star reports.
GM Suspends Work at Brazil Plant
7/24/2012General Motors Co. idled its manufacturing complex in Sao Jose dos Campos, Brazil, on Tuesday after workers at a car assembly plant there went on strike.
Toyota to Hike Output of Lexus SUVs in Canada
7/24/2012Toyota Motor Co. says it will invest more than C$100 million (US$98 million) to boost Lexus RX SUV capacity at its Cambridge, Ont., factory.
Green Automotive Buys Liberty Electric Cars
7/24/2012Newport Beach, Calif.-based Green Automotive Co. has completed its acquisition of the U.K.'s Liberty Electric Cars Ltd.
Daimler Hires Valmet to Boost A-Class Output
7/24/2012Finnish contract assembler Valmet Automobile has agreed to make more than 100,000 next-generation Mercedes-Benz A-Class minicars between 2013 and 2016 to help Daimler AG meet rising demand for the vehicles.