Automobile Manufacturing
580 pounds of pot seized at Calif.-Ariz. border
Mar 19, 2010 18:43 EDT
Agents seize 580 pounds of marijuana found hidden in tractor-trailer at Calif.-Ariz. border. U.S. Border Patrol agents say they seized 45 bundles of marijuana found inside a tractor-trailer at the Arizona-California border.
Pay czar trims salaries at top of GM exec ranks
Mar 19, 2010 18:40 EDT
PHOENIX (Reuters) - The U.S. pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year.
McLaren launches supercar to capture top-end market
Mar 19, 2010 05:35 EDT
Formula One automaker McLaren has launched a supercar, part of a drive by the firm to shift up a gear in its battle to capture the high-performance commercial sports car market.
Toyota demands ABC retract runaway car report
Mar 18, 2010 21:20 EDT
Toyota has fired an angry missive to television network ABC demanding it retract a report claiming Toyota's vehicles could speed out of control because of an electronics flaw.
Two-track economy: 9.7% unemployment, $200K cars
Mar 18, 2010 18:43 EDT
A tale of two recoveries: The super-rich are spending again, but gloom persists for the rest. For the super-rich and everyone else, the economic recovery is taking place in two very different gears.
Apple director, ex-auto executive York dies
Mar 18, 2010 18:35 EDT
Jerome York, Apple director, auto industry reformer and Kerkorian adviser dies at 71. Jerome York, an Apple Inc. board member and a financial wizard credited with turning around Chrysler and IBM, died Thursday of a brain aneurysm. He was 71.
Bio box for York, Apple director, ex-auto exec
Mar 18, 2010 18:11 EDT
Bio box for Jerome York, Apple director, auto industry reformer and Kerkorian adviser. NAME: Jerome B. York
PolyOne gives 1Q forecast above expectations
Mar 18, 2010 18:07 EDT
PolyOne gives 1st-quarter guidance above Wall Street expectations as auto demand improves. PolyOne Corp., which makes specialized plastics and resins for constructing buildings and vehicles, gave a first-quarter forecast well above Wall Street's expectations Thursday, sending shares up in after-hours trading.
Apple director Jerry York dies at 71
Mar 18, 2010 18:07 EDT
DETROIT (Reuters) - Jerry York, a long-time adviser to billionaire investor Kirk Kerkorian and executive whose career spanned the auto and technology industries, has died, Apple Inc said on Thursday.
Summary Box: Recovery on two tracks
Mar 18, 2010 17:46 EDT
Summary Box: Recovery proceeds on two tracks as wealthier consumers resume spending. A TALE OF TWO CONSUMERS: The economic recovery is proceeding at different speeds. Unemployment remains high. Yet a British automaker said Thursday it's betting on the super-rich, introducing a new $200,000 car for sale in North America.
Apple director, ex-auto executive York dies
Mar 18, 2010 17:25 EDT
Jerome York, an Apple Inc. board member and a financial wizard credited with turning around Chrysler and IBM, died Thursday of a brain aneurysm. He was 71.
Summary Box: Jerome York dies at 71
Mar 18, 2010 17:21 EDT
Summary Box: Apple director and auto industry expert Jerome York dies at 71. WHAT HAPPENED: Jerome York died Thursday of a brain aneurysm at a Pontiac, Mich., hospital. He was 71.
UAW OKs severance pact in Calif. plant shutdown
Mar 18, 2010 16:52 EDT
UAW OKs severance agreement in shutdown of Toyota plant in Calif.. Workers at the New United Motor Manufacturing Inc., known as Nummi, have voted in favor of a proposed severance package for the 4,600 workers about to lose their jobs when the plant closes, according to the United Auto Workers.
Apple director, ex-auto executive York dies
Mar 18, 2010 12:24 EDT
Jerome York, Apple director, auto industry reformer and Kerkorian adviser dies at age 71. Apple Inc. says board member and former auto industry executive Jerome York has died.
Kia to build 100-million-euro engine plant in Slovakia
Mar 18, 2010 12:15 EDT
South Korean car maker Kia Motors said Thursday it would build a new engine production facility worth 100 million euros (136.7 million dollars) in Slovakia.
Nissan to make Leaf electric cars in Britain
Mar 18, 2010 12:11 EDT
Nissan Motor on Thursday said it would start building its zero-emission Leaf electric car at a plant in Britain from 2013, saving more than 2,000 jobs in one of England's most deprived regions.
Apple director, ex-auto exec York hospitalized
Mar 18, 2010 11:48 EDT
A spokeswoman says Apple Inc. board member and former auto industry executive Jerome York has been hospitalized in Pontiac, Mich.
Toyota, Lexus slip in key dependability study
Mar 18, 2010 11:36 EDT
DETROIT (Reuters) - Toyota and its luxury Lexus brand slipped for the second consecutive year in an influential vehicle dependability study released on Thursday.
Witness casts doubt on evidence against Demjanjuk
Mar 18, 2010 11:02 EDT
Demjanjuk trial: Expert witness casts doubt on statement being used against defendant. An expert witness says a statement being used as evidence against John Demjanjuk should be treated with the "highest caution" because it came from a KGB interrogation.
Porsche takes top spot in dependability study
Mar 18, 2010 10:33 EDT
Porsche leaps to top of closely watched dependability study; Toyota loses ground to rivals. Porsche shot to the top of a closely watched study of long-term vehicle dependability, overtaking U.S. and Japanese rivals, J.D. Power and Associates said Thursday.
