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Delphi Quarterly Earnings Grow 18%
4/25/2012Delphi Automotive Plc posted net earnings of $342 million in the first quarter of 2012 compared with $291 million in the same period last year.
Opel to Meet With Labor Leaders
4/25/2012General Motors Co.'s Adam Opel unit plans to meet on Thursday with union representatives.
Federal-Mogul Profit Tumbles 37%
4/25/2012Federal-Mogul Corp. netted $32 million in January-March this year compared with $51 million in the same period of 2011.
Volvo to Borrow Money from China
4/25/2012Volvo Automobile says it has signed a memorandum of understanding for a loan from the state-owned China Development Bank to finance the construction of new Chinese factories and development of more fuel-efficient vehicles.
Ford to Cut Fiesta Output in Germany
4/25/2012Ford Motor Co. will suspend production at its Fiesta small car plant in Cologne, Germany, for an undetermined period between now and October in response to weak demand in southern Europe.
Great Wall to Make EVs with Coda for U.S., China
4/25/2012Coda Automotive Inc. says it intends to produce electric cars with China's Great Wall Motor Co. that will be sold in the U.S. and China beginning in the second quarter of 2014.
Coda, Great Wall to Make EVs for U.S., China
4/24/2012Coda Holdings Inc. says it intends to develop and produce electric cars with China's Great Wall Motor Co. that will be sold in the U.S. and China beginning in the second quarter of 2014.
PSA May Make Cars in India With GM
4/24/2012PSA Peugeot Citroen has scrapped its planned €650 million assembly plant in India and is now considering a plan to share production there with new alliance partner General Motors Co., Reuters reports.
American Confidence in Economy Slips
4/24/2012U.S. consumers are a bit more pessimistic about the country's financial condition this month because of weaker job creation and high gasoline prices, according to the New York City-based Conference Board.
PSA May Make Cars in India With GM
4/24/2012PSA Peugeot Citroen has scrapped its planned €650 million assembly plant in India and is now considering a plan to share production there with new alliance partner General Motors Co., Reuters reports.