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Resin Shortage May Hit Europe’s Carmakers First
4/20/2012European automakers are likely to be affected first and most severely by shortages of nylon-12 resin because suppliers there carry lower inventories of the material, Bloomberg News reports, citing auto analysts.
PSA to Merge Citroen, Peugeot Offices in Europe
4/20/2012PSA Peugeot Citroen plans to consolidate the offices of its Citroen and Peugeot brands in the European countries where both do business, Bloomberg News reports.
Resin Shortage May Hit Europe’s Carmakers First
4/20/2012European automakers are likely to be affected first and most severely by shortages of nylon-12 resin because suppliers there carry lower inventories of the material, Bloomberg News reports, citing auto analysts.
Nissan Confirms Plan for Infiniti Production in China
4/20/2012Nissan Motor Co. tells The Wall Street Journal it intends to build two Infiniti models in China by 2014, as has been reported.
Lithium-Ion Battery Market May Top $9 Billion by 2015
4/20/2012Worldwide demand for lithium-ion batteries for electric cars and hybrids could surpass $9 billion in four years, consultants Roland Berger predict.
VW Expects “Demanding” Year Ahead
4/20/2012CEO Martin Winterkorn says 2012 will be a "very demanding year" for Volkswagen AG because Europe's debt crisis continues to dampen sales.
Nissan Confirms Plan for Infiniti Production in China
4/20/2012Nissan Motor Co. tells The Wall Street Journal it intends to build two Infiniti models in China by 2014, as has been reported.
U.S. Auto Sales Could Rise 11% in April
4/19/2012The annual selling rate of cars and light trucks in the U.S. will climb to 13.8 million units this month compared with 13.2 million units in April 2011, predicts J.D.
Pinnacle Touts Opposed-Piston Engine Design
4/19/2012Pinnacle Engines Inc. claims its opposed-piston, four-stroke engine has shown as much as 50% better fuel economy in lab tests than a conventional gasoline powerplant.
Gentex Posts Record Sales, Earnings
4/19/2012Gentex Corp. netted $46 million in the first quarter of 2012 compared with $42 million in the same period last year.