Cooper Tire Reports Higher Fourth Quarter Revenues, Net Income.(Brief Article) Cooper Tire & Rubber Co., reported higher fourth-quarter earnings, helped by its restructuring of a unit that makes hoses, seals and other automotive components. The Findlay, Ohio-based company . . .

China's Raises Import Quotas For Autos, Auto Parts.(Brief Article) The Chinese government said it set its import quotas for automobile and key auto parts at $ 9.125 billion for 2003, increasing by 15 percent over $ 7.935 billion in 2002. Quota application by . . .

SUV Safety Issue To Be Addressed By Industry.(sport utility vehicle )(Brief Article) An auto industry group announced an initiative to reduce injuries from collisions between sport utility vehicles and cars, perhaps by setting voluntary safety standards. The 10-member Alliance of . . .

Chrysler To Build Engines In U.S. With Mitsubishi And Hyundai.(Brief Article) Chrysler said it plans to build small engines with Mitsubishi Motors Corp. and Hyundai Motor Co. at a plant the automakers will build just south of Detroit. The plant will produce about . . .

GM, Quantum Developed High Capacity Hydrogen Fuel Cell Storage System.(Brief Article) General Motors said it completed the first successful vehicle test of a 10,000 PSI hydrogen storage system, allowing the company to increase the driving range of its compressed hydrogen fuel . . .

Hastings To Acquire Canadian Engine Component Distributor.(Hastings Manufacturing, Ertel Manufacturing )(Brief Article) Hastings Manufacturing Co. said its Canadian subsidiary has agreed to purchase Toronto-based Ertel Manufacturing Corp. of Canada, Ltd., a distributor of internal engine components throughout . . .

GM To Improve Competitiveness Through Merger Of Powertrain, Transmission Units.(Brief Article) In a move to improve competitiveness, General Motors said that it will combine its Allison Transmission and its GM Powertrain divisions, effective immediately. GM said the combination of the . . .

Cars Were More Affordable In 2002.(Brief Article) U.S. auto consumers benefitted from fierce competition among automakers in 2002 as the average-priced new vehicle were more affordable. According to the Auto Affordability Index compiled . . .

Federal-Mogul Plans To Sell Camshaft Business.(Brief Article) Federal-Mogul Corp. is seeking approval from the U.S. Bankruptcy Court in Wilmington, Del., to sell its U.S. camshafts business to China's Asimco in a deal worth $28.1 million. The camshafts . . .

Federal-Mogul Expects To Emerge From Chapter 11 This Summer.(Brief Article) Federal-Mogul Corp. said it will file a financial reorganization plan in U.S. Bankruptcy Court on March 6, in an effort to climb out of Chapter 11 late this summer, according to Chip McClure, . . .

Dayton Parts, Inc. To Be Acquired By Investment Firm.(Gen Cap America)(Brief Article) JPE, Inc. said that it will sell Dayton Parts, Inc., its wholly-owned subsidiary, to an affiliate of Gen Cap America, Inc. The transaction is expected to close within several weeks. JPE, Inc. is . . .

Honda Frame Supplier To Expand Its Alabama Facility.(Brief Article) KTH Leesburg Products (KLP) located in Leesburg, Alabama, a producer of frame components for Honda, said it plans a $60 million expansion of the auto part manufacturing plant. Plant manager and . . .

Continental Chooses Mexico For New Brake Component Facility.(Brief Article) Continental Teves, a unit of Continental AG, said that it will build a $3.5 million plant in Silao, Mexico. The 100,000 square-foot facility will manufacture brake actuation components, with . . .

Dana Agrees To Sell Engine Management Aftermarket Operations To Standard Motor Products.(Brief Article) Dana Corp. said that it will sell a significant portion of the Engine Management operations of its Automotive Aftermarket Group to Standard Motor Products, an automotive replacement parts . . .

DaimlerChrysler, Thyssen Form Steering System Joint Venture.(Brief Article) DaimlerChrysler AG and Germany's steel and heavy engineering group ThyssenKrupp said they will form a joint venture to build steering systems, the IG Metall union said. German press reports stated . . .

Toyota Picks Texas For New Full-Size Truck Plant.(Brief Article) Toyota said it will invest $800 million in a full-size truck plant at a 2000-acre site in San Antonio to build its sixth North American vehicle assembly plant. Toyota Motor Manufacturing, Texas, . . .

Delphi Awarded Electronics Program Worth $2.7 Billion.(Brief Article) Delphi Corp., said it has won significant electrical/electronic distribution systems (E/EDS) vehicle program content this year totaling $2.7 billion in revenue for the life of the contracts, which . . .

Emerson-Dana Electronics Joint Venture Clears EU.(Brief Article) The European Union Commission approved a joint venture between U.S. electronics concern Emerson Electric Co. and auto parts maker Dana Corp. to develop vehicle components. The companies are . . .

Ford Plans Flexible Manufacturing To Better Meet Consumer Demand And To Cut Incentives.(Brief Article) Through flexible manufacturing plants, Ford Motor Co. is hoping to step off the incentives merry-go-round, at least for some vehicles, by modulating production to meet fluctuating demand. The . . .

GM Plans To Boost New Investment In Auto Segment.(Brief Article) General Motors said it will invest up to $3.5 billion annually in to upgrade its passenger car business, starting this year, with the goal of restoring the division to profitability. Gary Cowger, . . .