Caddy Engine Pummels the Waves
4/18/2012FEV Inc. and Seven Marine LLC will use next week's SAE World Congress in Detroit to show off a 557-hp outboard motor the companies say is nearly 60% more powerful than any other outboard on the market.
Visteon Sells Headquarters
4/18/2012Visteon Corp. says it has sold its 287-acre headquarters complex in Van Buren Township, Mich., for $81 million.
Opel May Move Some Astra Output Out of Germany
4/18/2012General Motors Co.'s Adam Opel unit plans to shift annual production of 10,000 Astra small cars from its plant in Russelsheim, Germany, to a factory in Gliwice, Poland, Frankfurter Allgemeine Zeitung reports, citing unidentified labor sources.
Suzuki Buys Stake in Japanese Battery Maker
4/17/2012Suzuki Motor Corp. has acquired a 1 billion yen ($12 million) minority stake in Eliiy Power Co.
American Factory Output Drops
4/17/2012U.S. manufacturing output dipped 0.2% from February to March, the Federal Reserve says.
PA-12 Resin Relief Is Months Away
4/17/2012The developing global shortage of PA-12, a nylon resin used in fuel and brake systems, appears unlikely to improve for several months.
Solution to Auto Industry’s Resin Crisis Is Months Away
4/17/2012Carmakers and suppliers don't expect the developing global shortage of PA-12, a nylon used in fuel and brake systems, to improve for at least three months.
Jaguar Land Rover Ripe for IPO?
4/17/2012Tata Motors Ltd. would benefit from a partial spinoff of its Jaguar and Land Rover brands via an initial public offering, says Bloomberg News.
Jaguar Land Rover Ripe for IPO?
4/17/2012Tata Motors Ltd. would benefit from a partial spinoff of its Jaguar and Land Rover brands via an initial public offering, says Bloomberg News.
U.S. Housing Starts Drop Nearly 6%
4/17/2012Builders broke ground on new homes last month at an annual rate of 654,000 units compared with a revised pace of 694,000 units in February, the Dept. of Commerce says.