Porsche CEO Matthias Mueller paid tribute to the 911 creator, saying in a statement that he "founded a culture of design in our company that distinguishes our sports cars even today."
Masuko said his company is looking toward tie-ups with other automakers on individual projects, but would be reluctant to form a capital alliance.
Following a nationwide trend in 2011, United Auto Workers' locals in Kokomo handed out a few more union cards as automakers hired after years of layoffs that severed UAW's membership.
Spirit Aerosystems, the company formed from Boeing Commercial Airplanes' spinoff of its Wichita operation, has opened a new manufacturing plant in southeastern Kansas.
Ford will expand its biggest factory complex in China to meet growing demand in the world's largest car market.
The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.
The chief executive of electric car maker Fisker Automotive has signaled that plans to build vehicles at a former General Motors plant in Delaware may be in jeopardy because of trouble obtaining a loan from the federal government.
The company promises more emphasis on fuel economy, more luxurious interiors, handsome and consistent styling and updated dashboard technology.
The 2013 Viper, introduced Wednesday at the New York Auto Show, is the fifth generation of the iconic two-seater, which first went on sale as the Dodge Viper in 1992.
Toyota Industries Corp. said the manufacturing plant in Sao Paulo, Brazil will replace a large portion of its imports from the United States with local production and boost sales in the country's growing market.
Two former executives at AB Volvo's construction equipment unit have been convicted of violating U.N. sanctions during Saddam Hussein's regime.
Michael Picker, the governor's senior adviser on renewable energy facilities, said he's optimistic the Blythe project will eventually be completed.
Facebook is stepping up its patent dispute with Yahoo by filing its own lawsuit against the struggling Internet icon.
The Daily Herald said some workers previously worked as UAW team leaders when the Chevrolet Traverse completed its build out in November 2009, then was idled.
Hawker Beechcraft Inc. has told federal regulators it expects to record losses of nearly $482 million for 2011 when it files its annual report later this month.
Automotive parts maker Tokai Rubber Industries Ltd. said the plant will produce anti-vibration rubber for engines and begin mass production in November 2013.
The recovery in the American auto industry has moved into the fast lane.
Glock Inc.'s former executive was convicted of stealing millions of dollars from the gun maker, but his still firing parting shots against the prosecutors who tried him.
Federal authorities say a Japanese auto parts supplier will pay $2.75 million for its role in a price-fixing conspiracy.