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© Copyright 2005 The Detroit News.
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Industry Report
Ford to make major management moves Ford Motor Co. plans to announce a major management shuffle later today as the automaker struggles to stanch losses in North America, The Detroit News has learned. 09/08/05
Fires prompt huge Ford recall With reports of engine fires mounting, Ford Motor Co. is warning owners of 3.8 million pickups and SUVs to have their cruise-control switches disconnected as part of one of the biggest recalls in automotive history. 09/08/05
Toyota recalls 1 million trucks over flawed parts Toyota Motor Corp. is recalling almost 1 million light trucks, its largest U.S. recall ever, to check for and repair a steering-related flaw that could cause drivers to lose control of their vehicles. 09/08/05
BMW joins hybrid venture BMW AG plans to join General Motors Corp. and DaimlerChrysler AG in a joint effort to develop fuel-saving hybrid engines, the companies announced Wednesday. 09/08/05
Ford said to be contemplating sale of Hertz unit The Ford Motor Co. is planning to recommend to its board Thursday that it sell its Hertz rental car business to a group of investors led by the Carlyle Group for more than $10 billion, according to executives involved in the deal. 09/08/05
Labor and management at Hyundai Motor reach tentative agreement SEOUL, South Korea -- The labor and management at Hyundai Motor Co. reached a tentative agreement Thursday to end a two-week-old partial strike over higher wages and better working conditions, South Korea's largest automaker said. 09/08/05
VW to make hybrid cars with China SHANGHAI -- Volkswagen will start making hybrid cars by 2008 with its main Chinese partner and may kick off large-scale production of the energy-efficient vehicles by 2010, the Chinese company said on Thursday. 09/08/05
Autoshow: Chinese cars step into Frankfurt show limelight FRANKFURT -- Petrol prices have exploded. Downward pressure on car prices won't go away. Production costs jeopardise western Europe as a place to build autos in volume. 09/08/05
Daimler's Smart to keep ForFour model, says CEO FRANKFURT -- DaimlerChrysler's Smart minicar brand will buck the market trend this year and sell more cars than in 2004, its chief executive told Reuters on Thursday, insisting it would keep its loss-making four-seat ForFour model. 09/08/05
Ford recalls 3.8 million pickups, SUVs
WASHINGTON -- Ford Motor Co. on Wednesday recalled 3.8 million pickup trucks and sport utility vehicles for a cruise control switch suspected of causing engine fires. It is the fifth largest auto industry recall in U.S. history. 09/07/05
New roof rules limit carmaker liability WASHINGTON -- Tucked away in the federal government's long-awaited proposal to mandate stronger vehicle roofs is controversial language that will make it far more difficult for motorists to sue automakers. 09/07/05
GM gets tough in talks with the CAW General Motors Corp. is taking a harder stance than its U.S. rivals in negotiations with the Canadian Auto Workers as the union prepares to pick a target for the talks, CAW President Basil "Buzz" Hargrove said. 09/07/05
TRW acquires controlling stake in Spanish auto supplier LIVONIA -- Auto supplier TRW Automotive Holdings Corp. said Wednesday it plans to acquire a controlling interest in Spanish auto supplier Dalphimetal. 09/07/05
BMW joins GM, DaimlerChrysler to develop hybrid engines DETROIT -- BMW plans to join General Motors Corp. and DaimlerChrysler AG in an effort to develop fuel-saving hybrid engines, the companies announced Wednesday. 09/07/05
Fiat to secure new auto partner by year's end TURIN, Italy -- Italian automaker Fiat Auto SpA, months after a breakup with General Motors Corp., plans to sign an alliance with another company by year's end. 09/07/05
Ford has a bolder idea to fight imports: Fusion LOS ANGELES -- For Ford Motor Co., the Fusion sedan rolling into showrooms this month is more than just another stab at regaining ground lost long ago to Asian rivals. 09/06/05
Changes in mileage standards: What will consumers really see from carmakers? What changes, if any, will consumers see as a result of the new fuel- economy standards proposed for light trucks, which include pickups, sport utility vehicles, vans and minivans? 09/06/05
VW to cut jobs among 'several thousand' surplus German employees BERLIN -- German automaker Volkswagen AG said Monday it plans to cut its work force in its home country, complaining that its factories have "several thousand" surplus employees, despite rising demand for its cars. 09/06/05
Indian state declines compensation from Volkswagen in fraud case HYDERABAD, India -- A state government in India declined Tuesday to accept $2.4 million in compensation from Volkswagen AG after one of the German automaker's representatives allegedly demanded and received payments to set up a car factory. 09/06/05
Fiat pinning its hopes on new Punto model TURIN, Italy -- Fiat is hoping its new Punto, endowed with a few extra centimeters (inches) and dash of sporty Italian design, is the car that will lift its auto division firmly out of the doldrums. 09/06/05
'Triple whammy' -- tire companies raising prices as oil costs climb DENVER -- Surging oil prices aren't just hitting drivers at the fuel pump. They're affecting prices at the tire shop, too. 09/05/05
Fuel costs sway the future ATLANTA -- What goes up (fuel costs) must come down (large truck and SUV sales). Right? 09/05/05
Labor Day loses luster for union family MADISON HEIGHTS -- Through sweat and blood, Kelly Dunn of Detroit helped give birth to organized labor in the 1930s. Kelly Dunn Jr. reaped what his father had sown, enjoying a bounty of high wages, paid vacations and company-paid health insurance. 09/04/05
RV dealer will send shelter south Hundreds of miles away from the hurricane-ravaged Gulf Coast, Muskegon recreational vehicle dealers Sean and Adam Sobczak have begun a Herculean effort to help victims: The brothers are sending 700 RVs to shelter evacuees as part of the federal government's massive relief program. 09/04/05
Oil, natural gas lines return to life in Gulf Oil and natural gas production in the Gulf of Mexico rose for a fourth day Saturday as energy companies continued to bring back output lost when Hurricane Katrina swept past platforms last week. 09/04/05
Snoop Dogg sues car dealership over ads PHILADELPHIA -- Snoop Dogg is seeking $2 million from a car dealership that he accuses of having misappropriated his image and speech pattern in its advertisements. 09/03/05
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