Latest Automobile parts manufacturing News

In this Feb. 17, 2020, file photo released by Xinhua News Agency, workers assemble Audi A6 L cars at a workshop of FAW-Volkswagen Automobile Co., Ltd. in Changchun, northeast China's Jilin Province.Factories that make the world's smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China's economy. But even with the ruling Communist Party promising help, companies and economists say it may be months before production is back to normal. (Zhang Nan/Xinhua via AP, File)

China struggles to revive manufacturing amid virus outbreak

Feb. 25, 2020 10:54 PM EST

BEIJING (AP) — Factories that make the world’s smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China’s economy. But even with the ruling Communist Party promising help, companies and economists say it may be months before production is back to normal. ...

GM gets tax break for new plant next to factory it closed

Feb. 19, 2020 12:36 PM EST

LORDSTOWN, Ohio (AP) — General Motors Co. will receive a tax break to build a new electric battery cell factory in Ohio next to the site of a much larger assembly plant it shut down last year. Village leaders in Lordstown approved a 75% tax abatement that will extend over 15 years and allow the company to...

Michigan facility to close after promised $22M in investment

Feb. 14, 2020 1:00 PM EST

CAPAC, Mich. (AP) — A company that makes automobile parts plans to shut down a plant in Michigan next year, after promising to invest $22 million into a new facility that would have provided 260 jobs. Keihin North America announced the decision in a news release. The company said it has not been able to...

FILE - In this Feb. 10, 2020, file photo, a cleaner walks through a deserted compound of a commercial office building in Beijing. Chinese authorities are struggling to strike a delicate balance between containing a deadly viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis. (AP Photo/Andy Wong, File)

Businesses struggle to fix supply chains disrupted by virus

Feb. 11, 2020 6:01 PM EST

WASHINGTON (AP) — Chinese authorities are struggling to strike a delicate balance between containing a viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis. As the death toll from the newly named COVID-19 illness topped 1,000, global supply chains remain widely...

FILE - In this Feb. 2, 2020, file photo, the company logo shines on the grille of an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year. (AP Photo/David Zalubowski, File)

Tesla stock is soaring. Madness or visionary investing?

Feb. 4, 2020 6:20 PM EST

DETROIT (AP) — Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year. In a reversal of fortune analysts find...

This undated image provided by General Motors shows the grill on a battery-powered Hummer pickup truck. General Motors announced Thursday, Jan. 30, 2020, that it will start the pickup truck in September of 2021. (General Motors via AP)

Hummer is making a comeback, but this time it's electric

Jan. 30, 2020 10:41 PM EST

DETROIT (AP) — The Hummer, once a gas-guzzling target for environmentalists, is making a comeback. But this time around it won't burn fuel or spew greenhouse gases. General Motors announced Thursday that it will start selling a battery-powered Hummer pickup truck in September of 2021. At least part of the...

Passengers board buses after arriving on an airplane carrying U.S. citizens being evacuated from Wuhan, China, at March Air Reserve Base in Riverside, Calif. Jan. 29, 2020.  The passengers will undergo additional screenings in California and be placed in temporary housing. Officials have not said how long they will stay there.  (AP Photo/Ringo H.W. Chiu)

The Latest: Rival Koreas close liaison office over outbreak

Jan. 29, 2020 9:04 PM EST

BEIJING (AP) — The Latest on the outbreak of a new virus from China: 10 a.m. The rival Koreas have agreed to suspend operations at their liaison office in North Korea until the new virus outbreak comes under control. South Korea’s Unification Ministry said Thursday it plans to bring back 58 South...

FILE - In this Jan. 17, 2019 file photo, Frederic Lissalde, President and CEO, of BorgWarner speaks at the Automotive News World Congress in Detroit.  The auto parts supplier BorgWarner is acquiring Delphi Technologies in an all-stock deal, Tuesday, Jan. 28, 2020.  Lissalde will lead the combined company, which will be based at BorgWarner's headquarters in Auburn Hills, Mich.  (AP Photo/Paul Sancya)

BorgWarner to buy rival auto parts supplier Delphi for $3.3B

Jan. 28, 2020 8:34 AM EST

AUBURN HILLS, Mich. (AP) — Auto parts supplier BorgWarner is acquiring Delphi Technologies in an all-stock deal valued at approximately $3.3 billion, partly to help strengthen its power electronics products. Delphi Technologies PLC shareholders will receive a fixed exchange ratio of 0.4534 shares of...

Mark Reuss, President, General Motors speaks at the GM Detroit-Hamtramck Assembly plant in Hamtramck, Mich., Monday, Jan. 27, 2020. General Motors is spending $2.2 billion to refurbish the underused factory so it can build a series of electric and self-driving vehicle. (AP Photo/Paul Sancya)

GM to invest $2.2B in Detroit to build electric vehicles

Jan. 27, 2020 10:10 AM EST

DETROIT (AP) — General Motors is spending $2.2 billion to refurbish an underused Detroit factory so it can build a series of electric and self-driving vehicles, eventually employing 2,200 people. GM said in a statement Monday that the factory will start building the company's first electric pickup late in...

FILE - In this Sept. 14, 1999, file photo Japanese car builder Toyota displays their latest version of the Celica at the Frankfurt international car fair, IAA. Toyota is recalling 361,000 more vehicles worldwide to replace Takata air bag inflators that could explode and hurl shrapnel. The recall covers gas and electric versions of the RAV4 SUV and the Celica sports car from 1997 to 1999.  (AP Photo/Bernd Kammerer, File)

Toyota adds 361K vehicles to Takata air bag inflator recall

Jan. 22, 2020 11:19 AM EST

DETROIT (AP) — Toyota is recalling 361,000 more vehicles worldwide to replace Takata air bag inflators that could explode and hurl shrapnel. The vehicles date to 1997 and have older inflators that are different from Takata products that use volatile ammonium nitrate to fill air bags in a crash. Those are...