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Delphi 2Q loss narrows on lower charges - Detroit News

TROY -- Auto supplier Delphi Corp. said Friday its second-quarter loss narrowed on lower restructuring, litigation and other charges. Delphi, which is operating under bankruptcy protection, said it posted a loss of $551 million, 98 cents per share ...

Chrysler, Nissan in Talks To Team Up on Key Cars - Wall Street Journal

DETROIT -- Chrysler LLC is in talks with Nissan Motor Co. about jointly producing midsize cars, a partnership that would move the U.S. auto maker toward a radical new business model. The two companies agreed earlier this year to team up on pickup ...

To help cut costs, auto industry gives plastics a second life - Detroit Free Press

High oil prices have pushed the auto industry to go green in more ways than improving fuel economy. At a time of plummeting vehicle sales and production, automakers and suppliers are also being squeezed by soaring prices for key automotive ...

Uncertain future for upstate NY auto parts plant - Newsday

EDs: APNewsNow. Should stand. EAST SYRACUSE, N.Y. (AP) _ Management and union officials are discussing a "fix-it plan" to stem losses at New Process Gear and keep the plant open. The plant employs 2,050 people who make transmission parts for four ...

Auto stocks drive European shares higher by midday - Forbes

FRANKFURT, Aug 8 (Reuters) - European shares were up at midday on Friday, boosted by a rally in automotive stocks such as Daimler and BMW, which benefited from a firmer dollar, while pharmaceuticals also lent support. By 1111 GMT, the pan-European ...

Euro Shares Extend Gains as Auto Stocks Rise - CNBC

European shares extended gains by midday on Friday, boosted by a rally in automotive stocks such as Daimler and BMW , which benefited from a firmer dollar, while pharmaceuticals also lent support. The pan-European FTSEurofirst 300 index was up 0.4 ...

UPDATE:Ford To Keep Former Visteon Plants Operating Past '08 - CNN Money

DETROIT -(Dow Jones)- Ford Motor Co. (F) will operate two Visteon Corp. (VC) plants beyond an original 2008 deadline after potential deals to sell the factories fell through amid the softening automotive market. The Saline, Mich., and Sandusky, Ohio ...

Toyota Joins the Auto Slide - Motley Fool

How quickly things can change. It wasn't long ago that Toyota (NYSE: TM ) was cruising past its competition like an Indy car at a jalopy convention. But crude oil and gasoline prices -- along with a now-questionable decision or two -- has changed ...

Delphi 2Q Loss Narrows As Smaller Charges Offset Low GM Output - CNN Money

Bankrupt auto-parts supplier Delphi Corp.'s (DPHIQ) second-quarter net loss narrowed as smaller charges more than offset a 28% decrease at big customer General Motors Corp.'s (GM) North American production. Delphi reported a net loss of $551 million ...

Ford, Johnson Controls drop deal on interiors plant - Reuters

DETROIT (Reuters) - Ford Motor Co (F.N: Quote , Profile , Research , Stock Buzz ) has dropped a plan to sell an interiors plant to Johnson Controls Inc (JCI.N: Quote , Profile , Research , Stock Buzz ) due to the U.S. auto industry downturn, the ...