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Denso planning to add 400 jobs in Michigan

Denso planning to add 400 jobs in Michigan

Japanese auto supplier Denso is considering a plan to hire 400 new workers at its plant in Battle Creek and at its U.S. headquarters in Southfield. The $150 million investment is part of a four-year, $1 billion investment plan in North America. According to Terry Helgesen, senior vice president of […]

New car sales in China start growing again

New car sales in China start growing again

New car sales in China rebounded in October but Japanese brands continued to fall amid a territorial dispute between Beijing and Tokyo. Auto sales in the world’s biggest auto market rose 6.4 percent to 1.3 million vehicles, according to China Association of Automobile Manufacturers (CAAM). The result represents a recovery […]

Wanxiang Group still wants part of bankrupt A123 Systems

Wanxiang Group still wants part of bankrupt A123 Systems

Chinese auto parts manufacturer Wanxiang Group said it still wants to buy part of battery supplier A123 Systems, even after Johnson Controls acquired the auto-related assets of the bankrupt company. Back in August, Wanxiang said it would invest $465 million for up to 80 percent of A123 Systems, but the […]