After a decade of spiking fatalities from passenger car wrecks, the Brazilian government said Monday it plans to build its first auto crash test facility in an effort to improve the poor safety record of vehicles built and sold in the world's fourth-largest automobile market.
A federal judge on Monday dismissed a $3 billion lawsuit filed by Dutch car maker Spyker against General Motors Co. Spyker sued GM last August, accusing it of unfairly blocking a deal to let a Chinese buyer take over Swedish carmaker Saab. GM sold Saab to Spyker in 2010. Saab filed for bankruptcy protection less than a year later after GM blocked its sale to a Chinese automaker.
After spending the last seven decades in Italy, a World War II-era Jeep returned home to Toledo last week, 70 years to the day after it rolled off the production line. Vittorio Argento, an Italian radio journalist and military vehicle enthusiast, shipped the carefully restored vehicle across the Atlantic Ocean, then drove it from New Jersey to Toledo, where he parked in the shadow of a Willys-Overland smokestack.
Communities investing in manufacturing and economic development apply the same techniques as Iron Man, working in a region, scanning the environment and applying resources (tax incentives, workforce development and infrastructure upgrades instead of repulsor rays) to come out on top with robust economic growth.
At the recent Building America conference at Hypertherm, Inc., one of the world’s leading designers and manufacturers of advanced plasma cutting systems, something amazing happened: the 50+ customers and distributors in attendance stopped a Q&A session with the president to praise the company for its success in supplying a high quality product, delivering performance and exceeding customer expectations.
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Some motorcycle enthusiasts feared Keith Wandell might be the outsider who drove Harley-Davidson into the ground. Instead, he may be remembered as the guy who kept the motorcycle maker on the road. Wandell grabbed the handlebars at the motorcycle maker in the heart of the economic crisis in 2009. Harley lost $55 million that year, as buying a motorcycle stopped being an option for many consumers.
The nearly century-long history of the Ford Motor Co. plant in St. Paul will soon be erased. Demolition starts Monday and is expected to last into next year. Decommissioning has already been underway for some time, with equipment being shipped to other Ford sites or recycled.
Battery maker Exide Technologies is seeking Chapter 11 bankruptcy protection as it attempts to restructure its U.S. business and strengthen its balance sheet. The Milton, Ga., company said its international operations are excluded from the filing, which it made Monday in U.S. Bankruptcy Court in Delaware.
Chrysler says it's recalling about 15,000 Dodge Dart compact cars worldwide because they could stall in cold temperatures. The recall affects 2013 model year cars with 1.4-liter four-cylinder engines and dual-clutch automatic transmissions.
President Barack Obama says that 50 years after enactment of the Equal Pay Act, the nation still faces gender wage disparities that must be fixed. "This is the 21st century," he declared. "It's time to close that gap." Obama raised the issue while observing the anniversary of the law signed by President John F. Kennedy in 1963.
Jake Ervin is the Machine Whisperer, or at least trying to be. He goes to the [MC]2 conference to meet some cool machines but he keeps striking out, they won't talk to him. Will he find a way to talk to the machines? Will he learn that dinner and dancing is not the way to a machine's heart? Will Jake unlock the secret of the MTConnect standard?
Illinois Tool Works Inc. (NYSE: ITW) has announced that it has signed a Definitive Purchase Agreement to acquire 100 percent of the Meurer Group located in Furstenau Germany. Meurer is a well-known supplier of secondary packaging equipment to the FMCG (Fast Moving Consumer Goods) markets worldwide.
The new employees will be part of a larger, busier workforce. From coast to coast, the industry is in top gear. Factories are operating at about 95 percent of capacity, and many are already running three shifts. As a result, some auto and parts companies are doing something they've been reluctant to consider since the recession: Adding floor space and spending millions of dollars on new equipment.
The world's energy-related carbon dioxide emissions rose 1.4 percent in 2012 to a record high of 31.6 billion tons, even though the U.S. posted its lowest emissions since the mid-1990s, the International Energy Agency said Monday. In its annual World Energy Outlook report, the Paris-based IEA said top carbon polluter China had the largest emissions growth last year, up 300 million tons, or 3.8 percent, from 2011.