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GM Names New Head of Global Manufacturing
7/16/2012General Motors Co. has appointed Tim Lee as vice president of global manufacturing, effective immediately.
EU Raids Thermal Systems Suppliers
7/16/2012European Commission confirms that its officials raided the offices of an undisclosed number of unidentified suppliers of automotive thermal systems in May.
EU Raids Thermal Systems Suppliers
7/16/2012European Commission confirms that its officials raided the offices of an undisclosed number of unidentified suppliers of automotive thermal systems in May.
Investors Sue GM over IPO Claims
7/16/2012A Wayne, Pa.-based law firm says it has filed a lawsuit in federal court in New York City alleging that General Motors Co. engaged in securities fraud by misleading investors who bought stock at its initial public offering in November 2010.
New Opel Boss Won’t Overhaul Business Plan
7/16/2012General Motors Co.'s Adam Opel unit, whose CEO was ousted last week, says it won't draw up a new five-year business plan.
New Opel Boss Won’t Overhaul Business Plan
7/16/2012General Motors Co.'s Adam Opel unit, whose CEO was ousted last week, says it won't draw up a new five-year business plan.
Ford Sales in Europe Drop Sharply
7/15/2012Ford Motor Co. reports that it sold 124,200 passenger vehicles in western Europe last month, down 16% from June 2011 much worse than the 1% dip the company estimates for the overall market.
France to Launch Plan to Aid Auto Industry
7/15/2012French President Francois Holland says the government will unveil a plan on July 25 to bolster the automotive sector, which will include incentives to spur vehicle purchases.
China Poised for Aluminum-Bodied Cars?
7/15/2012China's demand for sheet aluminum used to make car bodies could surge to 1.8 million tons by 2015 from almost zero today if the country can develop sufficient technical expertise, says Beijing-based CCID Consulting Co.
China Poised for Aluminum-Body Cars?
7/15/2012China's demand for sheet aluminum to make car bodies could surge to 1.8 million tons by 2015 from almost zero today if the country can develop sufficient technical expertise, says Beijing-based CCID Consulting Co.