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0REPORT: Daimler and BMW decline U.S. transmission joint-venture 1255521540
Daimler AG is one of a shrinking number of automakers that continues to build its own transmissions, but the parent of Mercedes-Benz is now looking to change that. The automaker has been holding talks with rival BMW about possible powertrain collaborations including transmissions. Mercedes ...
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GM exec says weak U.S. dollar helping suppliers 1181306160
According to Bo Anderson, General Motor's purchasing chief, the weakening dollar is actually going to help U.S. suppliers become more competitive in the economically flat world we live in. The combination of low-cost foreign rivals and the high prices commanded for raw materials have caused several ...
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Toyota to dramatically outspend GM in capital investment 1147459980
As Toyota continues to rake in money hand-over-fist, it intends to bolster its fight for the #1 spot by increasing the money it spends on capital investment. The company's latest financial report pegs the automaker's capital spending for the current fiscal year at a whopping $14 billion - a ...
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GM demanding suppliers must outsource from low cost nations? 1144530060
Oh, the peril of being a company in a global economy" that has survived in part by virtue of its customers' "Buy American" attitude. Gneral Motors is clearly stating that it has no official plan to force suppliers to go to low-cost countries (LCC; also known ...
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Is outsourcing bad for Volkswagen? 1141668000
Addressing intentions by Volkswagen AG to outsource its parts factories, Automobilwoche editor Guido Reinking contends such a plan would be a mistake for the German automaker.Reinking supports his argue by pointing to the American automakers Ford Motor Company and General Motors Co. Both had spun ...

