The cause of the fire that ripped through a Meridian Magnesium Products plant in Michigan has yet to be determined and it's unclear when the plant will be fully back online.
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2018年5月4日 星期五
American Axle Q1 earnings rise 14%Auto News
American Axle said its first-quarter net income rose 14 percent, helped by record sales resulting from its acquisition last year of Metaldyne Performance Group.
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Lear, Union Reach New Deal as Plant Closure Looms (5/4/18)
Lear, union reach new deal as plant closure looms; Getting ready for RAV4; Musk: Snub...
from TumblrCynthia Lin
from TumblrCynthia Lin
Musk hung up on NTSB chief in testy call about Tesla safety probeAuto News
Just weeks before Elon Musk held his fractious conference call with Wall Street analysts, he hung up on Washington's top transportation accident investigator.
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After Winterkorn indictment, who else is under investigation?Auto News
Here are the details of who is being investigated as part of the Volkswagen emissions scandal in both Germany and the United States.
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Ford temporarily halts production at Flat Rock plant following worker injuryAuto News
Production was temporarily halted overnight at Ford's Flat Rock Assembly Plant in Michigan after a worker's leg got pinned in machinery.
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Toyota plans to invest $1 billion in two Canada assembly plants, report saysAuto News
Toyota is poised to announce a $1 billion investment in its two Ontario assembly plants in order to build the next generation of the RAV4 utility vehicles, The Globe and Mail newspaper reported.
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Lear, Unifor reach new tentative deal at Ontario seating plantAuto News
Bargainers for Lear and Unifor have agreed on another tentative new contract for striking workers in Ajax, Ontario, just two days after Lear said its seating plant there would be closed because an earlier deal was rejected.
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Musk takes aim at analysts for pushing 'Tesla short thesis'Auto News
Elon Musk defended his criticism of two analysts who asked tough questions on Tesla's earnings call, saying they were 'trying to justify their Tesla short thesis' and were working against investors.
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German prosecutors will continue Winterkorn probe after U.S. criminal chargesAuto News
German investigators said they will continue their probe into former VW CEO Martin Winterkorn's role in the automaker's diesel scandal even after the United States filed criminal charges on Thursday.
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BMW's Q1 profit falls 3% on foreign exchange headwindsAuto News
BMW posted a 3 percent drop in first-quarter profit as unfavorable exchange rate effects weighed on revenues and earnings, even as the automaker posted higher margins and vehicle sales.
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2018年5月3日 星期四
Toyota Research Institute to open autonomous testing facility in MichiganAuto News
The Toyota Research Institute plans to open a closed-course testing facility to develop autonomous vehicles in October at the Michigan Technical Resource Park in Ottawa Lake, Mich.
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Former VW CEO Martin Winterkorn indicted in MichiganAuto News
Former Volkswagen CEO Martin Winterkorn was charged in federal court in Detroit with conspiring to mislead regulators about the German automaker's diesel emissions cheating.
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Musk Earnings-Call Meltdown (5/3/18)
Musk’s earnings-call meltdown; Lear closing Ont. factory amid strike; Toyota plans AV test...
from TumblrCynthia Lin
from TumblrCynthia Lin
Anheuser-Busch orders up to 800 hydrogen-fueled big rigsAuto News
Anheuser-Busch said it reserved up to 800 hydrogen-fueled semi-trucks from Nikola Motor Company as part of plans to convert its dedicated long-haul fleet to renewable powered trucks by 2025.
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As Musk berates analysts, VW unleashes massive counterpunch Auto News
A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, VW said it was writing a check for batteries that almost match Tesla's entire market value.
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VW says CEO testimony sought by Congress isn't necessaryAuto News
Volkswagen said a hearing for which is seeking testimony from CEO Herbert Diess is "not necessary." VW has been corresponding with the committee since the request.
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Adient reports $168 million net loss for Q2Auto News
Adient reported a net loss of $168 million for its latest quarter, compared with a net profit of $190 million last year, dragged down by a restructuring charge caused by headwinds in the company's seat structures and mechanisms business.
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Lear to close Canada seating plant after Unifor rejects contract offerAuto News
Lear says it will close a seating plant in Ontario, Canada, after union members there rejected the latest tentative contract offer by 94 percent on May 1.
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Toyota Research Institute to open autonomous testing facility in MichiganAuto News
The Toyota Research Institute is scheduled to open a closed-course testing facility to develop autonomous vehicles in October at the Michigan Technical Resource Park in Ottawa Lake, Mich.
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