Visteon said the sale will allow it to concentrate on making climate-control and electronics products for vehicle manufacturers and on its joint ventures.
Apple certainly has lots of buzz and corporate cache behind its products, but there's a hidden — almost mundane — reason its newest iPad is likely to dominate the competition: the advantageous deals the company cuts with components manufacturers.
House lawmakers on Thursday overwhelmingly passed a package of bills making it easier for small businesses and startups to raise the capital they need to grow and hire new workers.
The brutal European car market is pushing many automakers to look for partners for new technology and access to fresh markets without reinventing the wheel.
Israel says it is "surprised" by a decision by India's defense ministry to ban a leading Israeli weapons manufacturer from bidding on Indian defense contracts for the next decade.
IMC's plans to provide end-use consumers of rare earths with the opportunity to own production capacity for the specific rare-earth products that they need, without being locked into fixed prices.
Congress is moving to reaffirm that the government has the right to impose higher tariffs on goods from countries that subsidize their exports to the United States.
Fiat and Chrysler's CEO said that European officials need to provide a "concerted road map" for the auto industry to close idled plants — or risk the failure of European automakers.
China's importance as a major consumer market is bringing fresh headaches for companies, and even celebrities, seeking to protect and claim brand names.
Panasonic has finalized an agreement on the sale of its liquid crystal display manufacturing plant to a new display venture to be created by the Innovation Network Corporation of Japan.
The European Chamber of Commerce in China said it is disappointed with a proposed list for official auto purchases that includes only car models from Chinese automakers.
A major creditor of Proview Electronics, which is challenging Apple's use of the iPad trademark, has moved to have the ailing computer monitor maker liquidated, reports said.
A GM spokesman said that the company will shut down production of the Volt from until April 23, idling 1,300 workers at the Detroit-Hamtramck assembly plant.
Boeing said Air Astana has ordered seven planes, including three of its new 787s. The order would be worth $1.3 billion at list prices.
Hitachi Construction Machinery Co. said it will construct new plants and expand existing plants to increase its production capacity amid robust global demand.
The U.S. is still interested in the Super Tucano aircraft, a State Department official said days after the Air Force said it was rescinding a $354M contract for such aircraft.
A startup company that planned to manufacture hybrid delivery vehicles is ceasing operations, blaming "onerous" federal requirements executives say thwarted their efforts to secure a $450 million loan.
General Motors and France's PSA Peugeot Citroen, both struggling in Europe, unveiled the details of a strategic alliance that will see the U.S. auto giant take a small stake in Europe's No. 2 carmaker.
Taiwan's government said it would push for the consolidation of the island's memory chip makers with Elpida Memory, days after the Japanese chipmaker filed for bankruptcy.
Japan may cancel its multibillion-dollar plans to buy dozens of F-35 stealth fighter jets from the U.S. if prices continue to rise or delays threaten the delivery date, its defense minister said.
Boeing said on Tuesday that it's on track to deliver the first of its new 747s that will haul paying passengers early this year.
After recently opening Mopar facilities in China and the United Arab Emirates, Chrysler today announced the opening of Mopar parts distribution centers in Argentina and Brazil . . .
Germany plans to reduce government subsidies supporting solar power by up to 30 percent within a year because higher-than-expected demand has made the scheme far more costly than authorities initially expected.
Microsoft lodged a formal complaint with the EU's competition regulator against Motorola Mobility and its soon-to-be owner Google, saying Motorola's aggressive enforcement of patent rights against rivals breaks competition rules.
Company president Kevin LaComb describes the school as concierge-style job training — exactly what his workers need to keep a quality advantage over lower-cost competitors overseas.