| | News as it happens from autonews.com |
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| | Wed, 14 May 2008 15:30:00 EST | | | The Canadian Auto Workers could abandon trying to get early contract deals with General Motors and Chrysler LLC if progress is not made in negotiations by this evening. | |
| | Wed, 14 May 2008 15:30:00 EST | | | Fisker Automotive is asking a California court for arbitration in response to a lawsuit filed by fellow electric-car company Tesla Motors. The request was filed on Tuesday, May 13, in San Mateo Superior Court. | |
| | Wed, 14 May 2008 09:15:00 EST | | | Mexico-based suppliers will increase their sales 4 percent this year despite a slowdown in the U.S. new-vehicle market, the country's national auto parts association, INA, predicts. Last year's sales total was an industry record. | |
| | Wed, 14 May 2008 09:42:00 EST | | | More than three months after exiting Chapter 11 bankruptcy protection, Dana Holding Corp. said today that it is making progress in its turnaround efforts, with improved sales and profitability during the first quarter. | |
| | Wed, 14 May 2008 14:09:00 EST | | | Ford Motor Co. is recalling more than 650,000 Ford F-150 and Lincoln Mark LT pickup trucks to fix a brake hose that could weaken brake power. Ford is recalling the 2005-06 versions of the trucks with 5. | |
| | Wed, 14 May 2008 11:19:00 EST | | | Supplier Visteon Corp. today has promoted Donald Stebbins to CEO, replacing Michael Johnston at the company's helm. Johnston, 60, will remain executive chairman of the former parts unit of Ford Motor Co. The moves are effective June 1. | |
| | Wed, 14 May 2008 11:39:00 EST | | | Cosma International, a unit of Magna International Inc., plans to add 400 jobs at the Birmingham, Ala., stamping and subassembly factory it plans to buy from Ogihara America Corp., a newspaper reported today. | |
| | Wed, 14 May 2008 10:36:00 EST | | | Cooper-Standard Automotive Inc. boosted its revenue and more than tripled its profit compared with the first quarter of 2007. The supplier said it posted net income of $15.7 million, compared with net income of $4. | |
| | Wed, 14 May 2008 10:22:00 EST | | | China FAW Group Corp. has paid several visits to the offices of INA, Mexico's national auto parts association, Agustin Rios, INA's interim president, told reporters Tuesday, May 13. | |
| | Wed, 14 May 2008 10:16:00 EST | | | Aluminum products giant Alcoa Inc. plans to close its electrical and electronic systems plant in Puebla, Mexico, and warehouse in Del Rio, Texas, during the third quarter of 2008, citing dwindling demand. | |
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