Continental AG’s U.S. subsidiary announced today that it will close its Huntsville, Ala., electronics plant by year end 2010 because the UAW failed to give contract concessions.
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Updates from August, 2009
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5:50 pm on August 31, 2009
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5:50 pm on August 31, 2009
A former Audi sales executive and YouTube’s communications head are both joining Tesla Motors, the start-up California automaker said today.
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5:50 pm on August 31, 2009
The cash-for-clunkers program pushed Ford Motor Co.’s U.S. light-vehicle sales to the company’s second-straight year-over-year increase in August while lessening sales declines for Chrysler Group and General Motors Co., analysts say.
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5:50 pm on August 31, 2009
Canada’s Saturn stores will wind down by the end of the year as a result of automotive entrepreneur Roger Penske’s purchase of the brand, General Motors Co. spokesman Stew Low said today.
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5:50 pm on August 31, 2009
Germany’s Robert Bosch, the world’s largest partsmaker, has a new battery rival.
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5:50 pm on August 31, 2009
The United States on Friday welcomed Beijing’s decision to eliminate additional charges on imported auto parts in a landmark case that ended a grace period for China after it joined the World Trade Organization.
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5:50 pm on August 31, 2009
China’s Geely Automotive has submitted the only concrete bid so far for Ford Motor Co.’s Volvo unit, a Swedish newspaper reported on Saturday, citing an undisclosed source.
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5:50 pm on August 31, 2009
General Motors said today it has agreed to set up a light commercial vehicle production venture with major Chinese automaker FAW Group, with total investment of 2 billion yuan ($293 million).
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5:50 pm on August 31, 2009
A member of German Chancellor Angela Merkel’s conservative party has pushed for a delay of the decision about the fate of General Motors Co.’s European unit Opel until after Germany’s federal elections, a newspaper said.
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5:50 pm on August 31, 2009
For more than two decades, Frank Ramirez has made a living working an unusual job in Silicon Valley: assembling cars and trucks for Toyota Motor Corp. and General Motor Co.
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