Category: bloomberg
March 26 (Bloomberg) -- General Motors Corp. , with light- truck output slowed by a strike at a supplier, may shut its first car assembly plant by April 4, a union chief said.
March 26 (Bloomberg) -- IHI Corp. , Japan's third-largest heavy-machinery maker, will spend 7 billion yen ($70 million) to build a factory in Germany for car turbochargers as demand grows.
March 25 (Bloomberg) -- German companies in the metal, electronics and car industries created more jobs in January than at any time in the past four decades as production surged to meet orders, the Gesamtmetall lobby said.
March 7 (Bloomberg) -- Continental AG , Europe's second- largest tiremaker, said Chief Financial Officer Alan Hippe will leave his current post to take over the passenger tire and rubber car parts divisions.
March 7 (Bloomberg) -- Bridgestone Corp., the world's largest tiremaker and Aisin Seiki Co. led a drop in Japan's auto- related shares on the Tokyo Stock Exchange after the yen rose to a three-year high against the dollar.
Feb. 28 (Bloomberg) -- PT Astra International, Indonesia's biggest publicly traded company by sales, almost tripled its profit in the fourth quarter on higher car sales and soaring palm oil prices.
Feb. 23 (Bloomberg) -- H.R. Owen Plc's biggest shareholder, Australia-based car dealer Neville Crichton, may bid for the luxury car dealer after increasing his stake to 27 percent, the Daily Telegraph reported, citing Crichton.
Feb. 22 (Bloomberg) -- Nissan Motor Co. , Japan's third- largest automaker, and its affiliate Renault SA will build a 45 billion rupee ($1.1 billion) plant in India to gain access to one of the world's fastest-growing passenger car markets.
Feb. 21 (Bloomberg) -- Continental AG, Europe's second- largest tiremaker, said 2007 profit rose 3.9 percent on growth in auto parts and car tires. The company's shares gained as it raised savings forecasts for the purchase of component maker VDO.
Feb. 21 (Bloomberg) -- Continental AG, Europe's second- largest tiremaker, said 2007 profit rose 3.9 percent as the company's vehicle-electronics unit expanded and the car-tire division boosted earnings.
