Texaco Ovonic Battery Systems Building New Battery Plant In
Ohio.(Brief Article)(Company Profile)
Texaco Ovonic Battery Systems LLC, a 50-50 joint venture between a
unit of ChevronTexaco Corp. and a subsidiary of Energy Conversion
Devices, Inc.(ECD), broke ground for a new multimillion-dollar . . .
Dana Sheds Three Companies In Restructuring Move.(Brief
Article)
Dana Corp. said that it has sold three of its businesses for
undisclosed terms as part of a restructuring. The Toledo-based auto
parts maker sold Tekonsha Engineering Co. of Tekonsha, Mich., . . .
GM To Import Chinese-Made Engines For SUV Assembly In
Canada.(General Motors)(Brief Article)(Company Profile)
General Motors is to import a V6 engine from China to install in a
planned Chevrolet sport-utility vehicle to be built in Canada, the
company's first use of a Chinese-made engine in North . . .
Delphi Awarded Diesel Common Rail System By Korea's
Ssangyong.(Brief Article)
Delphi Corp. said that it has signed a multi-year agreement
totaling $383 million to supply its Multec 1600 diesel common rail
(DCR) system to South Korean original equipment manufacturer . . .
Valeo Said It Expects Sharp Growth In Its N. American
Sales.(Company Profile)
Valeo said it expects that its North American sales will nearly
double to $4 billion annually in five years, up from $2.2 billion in
2001. Growth in North America will result mostly from . . .
Siemens Considering Chrysler Component Plant.(Brief
Article)
German electronics and engineering group Siemens AG is considering
buying a DaimlerChrysler U.S. auto parts plant, according to a Reuters
report. Chrysler is shedding components factories to raise . . .
Navistar, UAW Reach Agreement.(United Auto Workers)(Brief
Article)
International Truck and Engine Corp., the operating company of
Navistar International Corp., said that members of the United Auto
Workers union (UAW) have approved a new five-year labor agreement . . .
GM Said 10 Percent Asian Market Share Prediction Pushed Back To
2005- 2006.(General Motors)(Brief Article)
A General Motors spokesman said he does not expect the car company
to meet its Asian market share goal of 10 percent by 2004. Phil
Murtaugh, head of GM's China Group said GM will meet the . . .
Daewoo Awarded $52 Million Contract From U.S. Carmaker.(Brief
Article)
Daewoo International Corp. said it has been awarded a car parts
order worth $52 million from a U.S. carmaker
under an OEM contract, the company said. Daewoo International, a
general trading . . .
Growth in Navigation Systems Growing Beyond Luxury Segment.(Brief
Article)
While navigation systems entered the automotive original equipment
market through the luxury segment, vehicle manufacturers are migrating
the systems to a wide variety of vehicle segments, . . .
Emerson, Dana To Jointly Develop Advanced Vehicle Actuator
Systems.(Brief Article)
Dana Corp. and Emerson said that they have reached an agreement in
principle to jointly develop advanced actuator systems for the
automotive market. Details of the relationship are pending a . . .
TRW Automotive Awarded Electrically Assisted Steering
Contracts.(Brief Article)(Company Profile)
TRW Automotive said it was awarded two contracts to supply
electrically powered steering (EPS). The awards bring the company's
global electrically powered steering contract gains for the next . . .
Mitsubishi Heavy Awarded GM Minivan Air Conditioning
Business.(Brief Article)
Mitsubishi Heavy Industries Ltd. said it had won an order from
General Motors worth around 70 billion yen
($560 million) for car air-conditioning and engine-cooling systems.
Japan's largest heavy . . .
Superior Industries Awarded Aluminum Wheel Contracts By General
Motors.(Brief Article)
Superior Industries International, Inc. said that it has been
awarded new and replacement aluminum wheel supply
contracts from General Motors for several 2003 model year vehicles.
Superior won . . .
Delphi Realigns To Improve Lean Manufacturing.
Delphi Corp. chairman, CEO and president, J.T. Battenberg III
announced a realignment of the company and also appointed executives to
intensify lean enterprise transformation and technology . . .
New Standard Approved For 1394 Architecture.
The architecture (1394-Automotive) that allows consumers to
connect 1394-equipped portable consumer electronics products -- such as
CD players, DVDs, games or computers -- in their cars or trucks . . .
Magna Donnelly To Close Two Michigan Mirror Plants.(Brief
Article)
Magna Donnelly says it will close two mirror-making plants near
Grand Rapids, Mich., cutting about 140 jobs. The remaining of the
workers have accepted or will be offered positions at plants in . . .
DaimlerChrysler To Locate In Savannah, Georgia.(Brief
Article)
After months of negotiations with Georgia officials,
DaimlerChrysler agreed to a 1,560-acre Savannah site as the location for
a plant that would produce the Sprinter Van and the Vito Van.
. . .
Timken Broadens Expansion Of Precision Components In Latin
America.(Brief Article)
The Timken Co. said it plans to begin production of precision
components for automotive drivetrain applications at its bearing
manufacturing plant in Sao Paulo, Brazil. Production will begin in . . .
Johnson Gets OK To Purchase Varta Unit.(Johnson Controls
Inc.)(Brief Article)
U.S. automotive parts and building systems company Johnson
Controls won clearance from the European Commission for its 312.5
million euros ($307 million) purchase of 80 percent of Germany's . . .
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