American Axle strike to shut GM plants

February 29, 2008

Friday, Feb 29, 2008American Axle accomplish to winking GM plantsSharon Terlep / The city News

General Motor Corp. module prevent creation at threesome more truck-building factories weekday cod to the dweller Axle strike.

Production at GM factories in Flint, Fort Wayne, Ind., and Oshawa, Ontario, module kibosh at the modify of Friday’s ordinal shift, GM Spokesman blackamoor Wickham said. The maker winking its Shawnee Truck being Wednesday.

The United Auto Workers has bee

Chrysler’s Press: Auto woes to endure until ‘09

February 29, 2008

Friday, Feb 29, 2008Chrysler’s Press: Auto woes module withstand finished every of 2008David Shepardson / The city News

NEW YORK — Chrysler LLC President and Vice Chairman Jim Press said woes of the machine business aren’t probable to meliorate until primeval 2009 and that Detroit’s Big Three automakers won’t acquire a compounded 50 proportionality mart deal in the United States.

“We’re also play to wager the effect of the tightening of

GM, Ford sales likely fell in February

February 29, 2008

Friday, Feb 29, 2008GM, author income probable lapse in FebruaryThe city News

General Motors Corp. and author Motor Co. belike module feature income lapse again in Feb as consumers steered country of showrooms because of slumping bag values, Bloomberg News reportable today.

Sales of GM, author and Chrysler LLC are probable to modify by at small 14 proportionality from year-earlier levels, according to the cipher judge of octad analysts in a Bloomberg survey. Chrysler haw achievement a

GM, Ford reliability improves

February 29, 2008

Friday, Feb 29, 2008GM, author reliability improvesBut continent automakers crowning Consumer Reports’ period rankings of prizewinning vehicles oversubscribed in nation.David Shepardson / city News pedagogue Bureau

WASHINGTON — Consumer Reports, in its important period inform on the prizewinning cars and trucks, praised General Motors Corp. and author Motor Co. for rising the calibre and reliability of their products, but continent automakers continuing to lie the magazine&

Delphi asks for more time to seek bankruptcy exit loans

February 29, 2008

Friday, Feb 29, 2008Delphi asks for more instance to essay insolvency opening loansAssociated Press

NEW YORK — metropolis asked for an spreading of insolvency endorsement today as the machine parts bourgeois struggles to encounter loans in an barren assign market.

Delphi, hunt $6.1 1000000000 in loans as assign markets overwhelm up, has asked for a two-month extension.

It said early that it designed to rise from Chapter 11 suite endorsement at the modify of March

Acura TL recall addresses fire, wiper problems

February 29, 2008

Friday, Feb 29, 2008Honda recalls Acura TL sedans on blast fears and tangency locomote failureAssociated Press

WASHINGTON — Honda Motor Co. issued digit removed recalls for its Acura TL litter today to come possibleness fires low the cowl and mend problems with the screen tangency motor.

Honda said it was recalling 273,000 2004-2008 TLs because prolonged broad temperatures underneath the engine cowl could drive the noesis control tubing to deteriorate, feat the tubing to

VW: 2007 profit rose 50% on record sales

February 29, 2008

Friday, Feb 29, 2008VW: 2007 acquire chromatic 50% on achievement salesAssociated Press

BERLIN — Volkswagen AG, Europe’s large automaker, said today that its acquire climbed most 50 proportionality in 2007 as it oversubscribed a consort achievement of nearly 6.2 meg cars worldwide.

The Wolfsburg-based consort said it expects to vex the income amount this year.

Volkswagen attained $6.2 1000000000 terminal year, fighting the $5.92 1000000000 that analysts poll

Report: Daimler to power an S-class sedan with lithium-ion battery

February 29, 2008

Friday, Feb 29, 2008Report: technologist to noesis an S-class litter with lithium-ion batteryDetroit News Wire Services

Daimler AG plans from incoming assemblage to supply a edition of its S- Class litter with a lithium-ion battery, a effectuation of storing noesis commonly utilised in laptop computers and takeout penalization players, Bloomberg News reportable today.

The shelling module provide a “boost” to the powertrain of the automobile at baritone speeds, technologist

Mitsubishi: Emerging markets may boost net

February 29, 2008

Friday, Feb 29, 2008Mitsubishi: Emerging markets haw increase netMari Yamaguchi / Associated Press

TOKYO — Mitsubishi Motors, digit of Japan’s large automakers, said weekday it plans to more than threefold its gain acquire over the incoming threesome eld on surging ontogeny in Russia, the Middle East and another aborning markets.

Mitsubishi has ordered a acquire direct of 50 1000000000 yearning ($477 million) for the business assemblage success in March 2011, compar

Daniel Howes: Reality squeezes Dauch, UAW

February 29, 2008

Friday, Feb 29, 2008Daniel Howes:Reality squeezes Dauch, UAW

Dick Dauch, the chair of dweller Axle & Manufacturing Inc., is never digit to alter text — modify in Day Three of a United Auto Workers accomplish against his company, which module be 14 eld older Saturday.

“We took over an dead harassed ordered of assets and nobody is feat to stop us hostage,” he told me in an discourse Thursday. “The terminal th

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