NEWS

Ford Hikes Second-Quarter Output in North America

4/27/2012

Ford Motor Co. plans to build 730,000 cars and light trucks in North America in the March-June quarter, 20,000 units more than in the same period in 2011.

New Ford Escape Rated At 30 mpg+

4/27/2012

Ford Motor Co. says all three engines available in its redesigned Escape small crossover have U.S. highway fuel economy ratings of at least 30 mpg with an automatic transmission.

Output at Damaged Resin Plant Won’t Resume for 6 Months

4/27/2012

Evonik Industries AG says its chemical plant in Germany won't be able to return to making cyclododecatriene a material used in about half the world's PA-12 nylon resin until the fourth quarter of 2012.

Damaged Resin Plant Won’t Reopen Until Autumn

4/27/2012

Germany's Evonik Industries AG says it expects to restore production at a resin plant that was damaged in a March 31 explosion by the fourth quarter of this year.

Ford Will Idle Australia Factories for a Week

4/27/2012

Ford Motor Co. says it will suspend production at its two assembly plants in Australia from Thursday through next Wednesday because of a parts shortage caused when suspension components supplier CMI International went bankrupt early this week.

One in Five Americans Ready for Driverless Cars

4/27/2012

Cars that can drive themselves aren't ready to hit the market.

One in Five Americans Ready for Driverless Cars

4/27/2012

Cars that can drive themselves aren't ready to hit the market.

Hyundai Net Income Jumps 31%

4/27/2012

Hyundai Motor Co. reported net profit of 2.45 trillion won ($2.2 billion) for the first quarter of this year compared with 1.88 trillion ($1.7 billion) won in the same period of 2011.

GM Nominates Two New Board Members

4/26/2012

General Motors Co. proposes to expand its board of directors from 12 to 14 members.

Bosch Warns It May Miss 2012 Profit Target

4/26/2012

Revenue at Robert Bosch GmbH grew 5% in the first quarter of this year.