Global Light Vehicle Sales to Decline 15 Percent in 2009, Says Polk
Study shows worldwide volumes won’t return to pre-crisis levels until 2012.
Visteon Announces First-Quarter 2009 Results
Company reports net income of $2 million, compared with a loss of $105 million in first quarter 2008.
ArvinMeritor Reports Second-Quarter Fiscal Year 2009 Results
For the second quarter of fiscal year 2009, ArvinMeritor posted sales from continuing operations of $1.1 billion, a decrease of approximately 38 percent from the same period last year.
Snap-on Announces First Quarter 2009 Results; Pinchuk Elected Chairman
Global recession and general uncertainty cause expected lower sales and earnings. Company continues planned expansion efforts in emerging-growth markets.
Eleven Suppliers Recognized with 2009 Automotive News PACE Awards
The 15th annual awards program for innovation honors suppliers that contribute products, processes, capital equipment, information technology or services directly to the manufacture of cars or trucks worldwide.
Johnson Controls Reports 2009 Second Quarter Financial Results
Company said it expects return to profitability in third quarter, following second quarter loss of $193 million.
Administration’s New Automaker Plan to Include “Cash for Clunker” Programs
Several industry associations weigh in on the issue.
The Nano, World’s Cheapest Car, to Hit Indian Roads
Hundreds of thousands are expected to put their name down for a Nano, which will cost just under $2,000 for a basic model.
WIX Filters Launches Online Media Center
Media center provides a closer look at new product innovations.
The Future of Cool: A Look at the Latest Trends in Mobile Refrigerants
Competition appears to be heating up between automakers from the U.S and Europe in terms of which type of cabin cooling system will be used in new vehicles coming off the lines in 2011, replacing the current HFC-134a-based systems.