Auto-parts supplier Dana Corp. said it will lay off about 75 workers at a plant in northern Indiana that cuts and assembles axle components. The job cuts -- about half the remaining work force -- will leave about 80 jobs at the plant in Syracuse, Ind., said Dana spokesman Gary...
Auto-parts supplier Delphi Corp. said Friday that none of its corporate officers received bonuses last year due to the company's $56-million loss in 2003. Delphi Chairman and CEO J.T. Battenberg's pay fell about 45 percent in 2003 to $3.8 million after the company eliminated his bonus.
Goodyear Tire & Rubber said it currently has several new proprietary synthetic rubber products in development that could reduce the company's dependence on natural rubber by as much as 15 percent over the next few years.
Delphi customer Lextron Corp. has filed for bankruptcy protection a year after the company ended its contract with the Jackson, Miss.-based manufacturer. The contract cancellation forced Lextron to shut down its automotive production line, according to the TheDeal.com.
The general manager of Visteon's automotive electronics joint venture in Shanghai, China, has been presented with company's highest form of recognition -- a Summit Award -- for exceptional accomplishments in 2003. Alfeu Doria, general manager, YanFeng Visteon Electronics, was one of six individuals and teams recognized with Summit Awards by...
Brake Parts Inc., manufacturer of Raybestos brand brakes, has announced the availability of its Raybestos brand RCD catalog, version 4.1. The catalog contains the entire Raybestos brand brake product line with coverage for all model years, including many 2004 models.
WIX Filtration Products was presented with the 2003 CARQUEST Vendor of the Year award and two Order Fill Awards in recognition of its impressive ship-and-fill rates, outstanding marketing programs and customer service. WIX is the exclusive manufacturer of CARQUEST’s Premium Blue and Red Filter lines.
Japanese automotive components maker Aisin Seiki has invested $30.9 million in a plant in Clinton, Tenn., that the company will use build aluminum die castings for engine components. The new facility, which will be called Aisin Automotive Casting Tennessee, is expected to begin operations in August 2005. The plant will...
Dana Corp. is kicking off a six-month celebration of the company's 100th anniversary with the launch of its Centennial web site. The Web site launch precedes Dana's official anniversary, April 1. Playing off of Dana's people-oriented business philosophy, the site features "Your Dana Story," on online forum which provides Dana...
ExxonMobil has unveiled a new synthetic motor oil for light trucks and SUVs. The new Mobil 1 Truck & SUV Formula, designed for use in both gasoline and diesel engines, protects truck and SUV engines in high temperature conditions, according to the company. The company also recently introduced its new...
