Posts Tagged ‘automakers’

French company buying Johnson Controls plant

by Associated Press Published: March 10,2011

Tags: automakers, automobile industry, manufacturing, mergers and acquisitions

MADISON COUNTY — French auto supplier Faurecia is buying Johnson Controls’ plant in Madison County that manufactures complete seating for Nissan’s assembly plant in nearby Canton. Nissan spokesman Steve Parrett tells The Clarion-Ledger that Johnson Controls notified the company that the deal would close sometime this spring. Details of the transaction have not been made […] [...]

Toyota issues Lexus recall in Japan

by Associated Press Published: May 21,2010

Tags: automakers, automobile industry, product recall, product safety

TOKYO — Toyota Motor Corp. began a recall today of 4,509 Lexus cars in Japan because of a computer problem affecting the model’s steering system, with a similar recall to follow in the U.S. The carmaker said Wednesday it would recall the cars in Japan, with another 7,000 affected in the U.S., China, Europe and […] [...]

Toyota turns a profit

by Associated Press Published: May 11,2010

Tags: automakers, automobile industry, product recall, product safety

TOKYO — Toyota cruised back to profit in the latest quarter as the world’s top carmaker cut costs and hitched a ride on the global auto sales recovery while fighting to salvage its reputation for quality. But the automaker’s top executive and analysts alike said Toyota is still far from a full recovery while another […] [...]

More fines possible for Toyota

by Associated Press Published: May 10,2010

Tags: automakers, automobile industry, product recall, product safety

WASHINGTON — Transportation Secretary Ray LaHood said today the U.S. wants to see results from Toyota’s efforts to improve safety, and more fines would be imposed if needed. “If a fine is required, I think everyone recognizes now that safety is our number one priority, and we will do all that we can to uphold […] [...]

GM reports better April sales

by Associated Press Published: May 3,2010

Tags: automakers, automobile industry, car sales

DETROIT — General Motors Co. says its April sales rose 6.4 percent as the auto industry continued to see signs of recovery from tough conditions last year. GM says sales from its four remaining brands — Chevrolet, Buick, GMC and Cadillac — rose 20 percent. GM is phasing out or selling Saab, Saturn, Pontiac and […] [...]

State lags in hybrid car sales

by Associated Press Published: April 22,2010

Tags: automakers, automobile industry, clean energy, hybrid vehicles, retail

ACROSS MISSISSIPPI — Mississippians aren’t very green when it comes to car buying habits. Cars.com’s annual ranking of the greenest U.S. cities puts the state’s six metropolitan areas near the bottom of the list of 210 for interest in hybrid vehicles as a percentage of total car shopping activity. Listed at number 160, the Columbus-Tupelo-West […] [...]

Nissan plants to resume production

by Associated Press Published: April 21,2010

Tags: automakers, automobile industry, Nissan, volcano

TOKYO — Nissan Motor Co. says two vehicle plants that halted production because of a delay in part shipments from Europe will operate Thursday while plans for Friday are undecided. Nissan spokesman Toshitake Inoshita said today that Japan’s No. 3 automaker will resume output at the two Japanese plants by using auto parts in the […] [...]

Toyota recalls nearly 10,000 Lexus SUVs

by Associated Press Published: April 20,2010

Tags: automakers, automobile industry, product recall, product safety

WASHINGTON — Toyota says it will recall its 2010 Lexus GX 460 to address a potential problem with the SUV’s stability control system that targets possible rollovers. The recall affects about 9,400 vehicles that have been sold since the SUV went on sale in late December. Consumer Reports issued a “Don’t Buy” warning last week […] [...]

Start-up V-Vehicle renews plant lease

by Associated Press Published: April 20,2010

Tags: automakers, automobile industry

MONROE, La. — Startup automaker V-Vehicle Co. says it has renewed its lease for a vacant manufacturing plant in Monroe. V-Vehicle is making a second attempt at getting a federal Energy Department loan to manufacture a fuel-efficient vehicle. It is leasing the now-vacant Guide Corp. plant that once made vehicle headlights. The plant is owned […] [...]

Volkswagen’s quarterly sales soar

by Associated Press Published: April 16,2010

Tags: automakers, automobile industry, investing, publicly traded company, stocks and bonds

BERLIN — Volkswagen AG says its worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded in many regions. The company said today that its brands delivered 1.73 million cars in the first quarter — an increase of 24.6 percent over a year earlier. […] [...]

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