NEWS

GM Expands Buyout Program in Brazil

6/24/2012

General Motors Co. began offering voluntary buyouts on Friday to workers at its factory in Sao Caetano do Sul, Brazil, and extended a buyout program at its Sao Jose dos Campos plant.

VIEWPOINT | TRENDS IN HEALTH CARE COST MANAGEMENT

6/24/2012

Health care costs average about $11,000 per year in the U.S., and they continue to rise.

Toyota, BMW May Expand Partnership

6/24/2012

BMW AG and Toyota Motor Corp. will add several unspecified new projects to their existing collaboration on diesel engines and battery research, Der Spiegel reports, without citing its sources.

GM to Hike Output at Texas SUV Plant

6/24/2012

General Motors Co. says it will add a third shift at its SUV factory in Arlington, Texas, in the first quarter of 2013 to meet strong demand as gasoline prices moderate.

BMW to Tie Up with Toyota, Break Up with PSA?

6/24/2012

BMW AG and Toyota Motor Corp. will add several unspecified new projects to their existing collaboration on diesel engines and battery research, Der Spiegel reports, without citing its sources.

GM to Recall 413,400 Chevy Cruze Cars

6/24/2012

General Motors Inc. is recalling 2011-2012 model Chevrolet Cruze sedan to fix a design flaw that can allow engine oil or hydraulic fluid to accumulate below the engine and cause a fire.

Fire Hazard Prompts GM to Recall 413,400 Chevy Cruze Cars

6/22/2012

Next month General Motors Inc. will begin recalling 413,400 of its 2011-2012 model Chevrolet Cruze sedans to fix a design flaw that can allow engine oil or hydraulic fluid to accumulate near the engine and cause a fire.

Manufacturing in Europe Still Contracting

6/22/2012

Factory activity in the eurozone continued to shrink in June, as manufacturers reported the steepest drop in output since May 2009, according to a preliminary estimate by London-based Markit Economics.

EPA Developed Emission Technology in Noncompliant Navistar Diesels

6/22/2012

The Navistar International Inc. diesel engines being penalized for violating U.S.

UPDATE: Nissan CEO Ghosn May Retire by 2017

6/22/2012

Carlos Ghosn, CEO of Nissan Motor Co. and alliance partner Renault SA, is considering stepping down before the Japanese company begins its next six-year business plan in April 2017, Bloomberg News reports.