The Canadian Auto Workers has asked General Motors and Chrysler LLC to clarify whether they are considering a merger, since any such transaction would risk "massive consolidation and massive job losses," union president Ken Lewenza said today.
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UAW President Ron Gettelfinger said this morning that he's against a General Motors-Chrysler LLC merger if it costs union jobs.
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Johnson Controls Inc. said today that its earnings per share will fall 10-16 percent in 2009, as the global economic slowdown causes net sales to fall by 3 percent.
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A joint venture of Johnson Controls Inc. and French battery maker Saft said today it would provide lithium-ion batteries for BMW AG's 7 Series hybrid car.
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Following intensive restructuring during the 1990s, opportunities for further consolidation in the light vehicle braking system segment have largely dried up. Today, three companies - Continental, Bosch and TRW- account for half of the global market for automotive foundation brakes. Matthew Beecham talks to braking system executives about recent technical advances.
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An Indian contract auto manufacturing firm has confirmed to just-auto that it is in negotiations with Chrysler about an outsourced manufacturing deal and said it is busy retooling its plant to assemble larger vehicles.
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Tata Motors' UK subsidiary has acquired a 50.3% holding in Miljø Grenland/Innovasjon, a Norwegian company, which specializes in electric vehicle technology. Tata paid 1.
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Tata Motors' UK subsidiary has acquired a 50.3% holding in Miljø Grenland/Innovasjon, a Norwegian company, which specializes in electric vehicle technology. Tata paid 1.
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Tata Motors' UK subsidiary has acquired a 50.3% holding in Miljø Grenland/Innovasjon, a Norwegian company, which specializes in electric vehicle technology. Tata paid 1.
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Less than a week after building the first production Civic sedan at its new Honda Manufacturing of Indiana plant in Greensburg, Honda's US unit said it would begin production of V6 Accord sedans at its Alabama plant while increasing production of four-cylinder Accords at its original car production facility in Marysville, Ohio.
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Tata Motors' UK subsidiary, Tata Motors European Technical Centre, has bought a 50.3% holding in electric vehicle technology firm Miljø Grenland/Innovasjon of Norway for NOK12m (GBP1.12m; US$1.93m) and plans to launch an electric Indica hatchback in Europe next year.
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Dura Automotive Systems Inc., which emerged from bankruptcy earlier in 2008, said late yesterday it was restructuring into four business units after winning some $1 billion in new contracts since late June.
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Tata Motors' UK subsidiary, Tata Motors European Technical Centre, has bought a 50.3% holding in electric vehicle technology firm Miljø Grenland/Innovasjon of Norway for NOK12m (GBP1.12m; US$1.93m) and plans to launch an electric Indica hatchback in Europe next year.
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Mazda Motor Europe has updated its Thai-built BT-50 light truck line (shared with Ford which sells the line as the Ranger in most markets outside North America).
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Syndication of the 16.1 billion euros ($21.
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Though soaring fuel prices, tighter bank funding and worsening economic prospects have hit UK car sales, some niche areas will be less affected by recent events, an analyst said on Tuesday.
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The US market is approaching a turning point, but a possible GM/Chrysler merger creates far more problems than it solves, a US-based analyst said in a research note.
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Europe's heavy truck market (over 16 tonnes GVW) is forecast to decline by 20.7% to 255,800 units in 2009 according to forecasts produced by research firm Automotive World.
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You won't find a country more reluctant to using diesel as a viable fuel than Japan.
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