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American Factory Activity Growth Slows
6/3/2012U.S. manufacturing expansion decelerated from April to May as factories eased production and trimmed inventories, says the Tempe, Ariz.-based Institute for Supply Management.
U.S. Demand Jumps 16% for European Brands
6/1/2012Carmakers sold 1.33 million cars and light trucks in the U.S. last month compared with 1.06 million units in May 2011.
U.S. Light Vehicle Sales Jump 26%
6/1/2012Carmakers sold 1.33 million cars and light trucks in the U.S. last month compared with 1.06 million units in May 2011.
GM to Phase Out Oshawa Production Line
6/1/2012General Motors Co. says it will begin phasing out one of its two assembly lines at its Oshawa, Ont., complex in the fourth quarter.
Reports: VW Plans Management Shakeup
6/1/2012CEO Martin Winterkorn intends to overhaul Volkswagen AG's management board, according to news reports citing anonymous sources.
Developer Touts High-Performance Battery Electrolyte
6/1/2012Batteries could cost less and be as much as 10 times as powerful as today's lithium-ion batteries if they used ionic liquid electrolytes, according to Boulder Ionics Corp., an 18-month-old startup company in Arvada, Colo.
A123 Systems Warns of Possible Collapse
6/1/2012A123 Systems raises “substantial doubts” about company’s viability.
Nissan Tweaks Altima Wiper System
5/31/2012Nissan Motor Co. has introduced two windshield wiper convenience features in U.S. versions of its 2013 Altima sedan.
Auto Sales in China Likely to Revive Soon, GM Says
5/31/2012General Motors Co. predicts the Chinese auto market will soon rebound from its worst four-month decline in 14 years, Bloomberg News reports.
Eurozone Inflation Cools
5/31/2012Consumer prices in the eurozone, which rose at a 2.6% annualized pace in April, grew 2.4% in May, according to Eurostat, the EU statistics office.