NEWS

Caddy Engine Pummels the Waves

4/18/2012

FEV 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

4/18/2012

Visteon 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

4/18/2012

General 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

4/17/2012

Suzuki Motor Corp. has acquired a 1 billion yen ($12 million) minority stake in Eliiy Power Co.

American Factory Output Drops

4/17/2012

U.S. manufacturing output dipped 0.2% from February to March, the Federal Reserve says.

PA-12 Resin Relief Is Months Away

4/17/2012

The 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

4/17/2012

Carmakers 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?

4/17/2012

Tata 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?

4/17/2012

Tata 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%

4/17/2012

Builders 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.