Ed Miller News
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Chrysler Group LLC’s biggest U.S. investment in the year following its June 2009 bankruptcy exit is about to show up under more of its hoods: transmissions with additional gears to improve performance and boost fuel economy.
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Honda Motor Co. said 10 of its North American plants now send no waste to landfills and four others in the region cut scrap and trash to “virtually” nothing as the carmaker seeks to curb manufacturing-related pollution.
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Honda Motor Co., the carmaker that has abandoned full-year profit forecasts due to floods in Thailand, said plants in North America are exceeding production plans announced last week.
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Japanese companies, Thailand’s biggest foreign investors, may spend more to build factories in neighbors including Indonesia and Vietnam after the worst flooding in 70 years disrupted global production.
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U.S. auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 percent gains, only the fourth such streak since the Great Depression, as more-confident buyers return to showrooms.
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The global automotive industry faces a “severe” shortage of a resin used to make fuel and brake components that may interrupt production “in the next few weeks,” according to TI Automotive Ltd.
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General Motors Co. , Toyota Motor Corp. and Chrysler Group LLC resumed regular production at all U.S. factories that were shut down because of a winter storm.
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Parts shortages caused by Japan’s record earthquake may reduce global automobile production by about 30 percent, research firm IHS Automotive said today.
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Ford Motor Co. , following its first annual profit since 2005, became the only non-Japanese automaker ever ranked among the top three in a survey of suppliers.
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General Motors Co. will suspend production at its factory that assembles Chevrolet Cruze compact cars for one week to avoid oversupply of the model as Japanese rivals’ inventories rebound.
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