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automotive industry

US government exits Chrysler, Fiat gets majority stake

Fri, 06/03/2011 - 15:24 by Jamie Anderson

In a deal that would sever Obama administration's link with Chrysler, the U.S. Treasury Department sold its stake in the car manufacturer to Fiat.

Graphene: thin as paper, stronger than steel

Sat, 04/23/2011 - 16:07 by Anupreet Kaur

Researchers at the University of Technology Sydney on Friday unveiled a super-material as thin as paper, but stronger than steel.

All-new 2011 Explorer has better mileage

Mon, 07/26/2010 - 18:13 by Sophie Anderson

As a thumb rule, the more the horsepower in a hatchback, higher the price it commands. After reporting astounding last quarter results, Detroit major Ford is all set to buck this trend.

Ford’s profit swell in 1st six months of 2010

Sat, 07/24/2010 - 18:32 by Sophie Anderson

Financial results clearly indicate that the turnaround at Ford is picking up steam.

Delayed supply of parts prompts halt in production at Nissan

Tue, 07/13/2010 - 16:16 by Sophie Anderson

Nissan Motor Co. (7201.T), Japan's No.3 automaker said Tuesday that a hold-up in the supply of components from Hitachi Ltd. (6501.T) could affect production at its United States and Mexico factories as well.

Faulty valve springs prompt another Toyota recall

Fri, 07/02/2010 - 17:36 by Sophie Anderson

A fault in the engine of Lexus brand of cars, which could stall the vehicle while in motion, has prompted Toyota Motor Corp to recall 90,000 vehicles of the model.

Honda plants in China shut again after second workers strike

Wed, 06/09/2010 - 16:36 by Jamie Anderson

Honda Motor’s (7267.T) production woes continue in China! Just few days after settling a strike at a parts supplier that crippled output at two local plants, Honda has to contend with another strike at the Foshan exhaust factory.

Honda to add shifts at Ohio plant

Fri, 08/14/2009 - 23:06 by surajdogra

East Liberty, Ohio -- Honda Motors Co. Friday said it would add a Saturday work shift at an assembly plant in Ohio, another signal that the automotive industry is reviving.

Honda spokesman Ron Lietzke said the company would "continue to adjust our production as the market recovers."

"We feel we're in a very good position," he added.

The plant in East Liberty, Ohio, produces the CR-V crossover and the Element crossover SUV, the Columbus, Ohio, Dispatch reported Friday.

A second Ohio plant in Marysville was not scheduling Saturday hours, Lietzke said.

A Honda plant in Lincoln, Ala., which builds Honda pickup trucks and minivans, is adding shifts.

CarMax Ditches the Leisure Suit -- and It Pays Off

Thu, 05/07/2009 - 16:53 by Motley Fool

We have concrete and specific ideas about what it means to be customer-friendly. Free soda refills. Free return shipping for catalog items. Guaranteed airline seats that don't get overbooked. Even dog-friendly shops complete with a water dish.