Post Tagged with: "US Auto Industry"

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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 […]

2012 average fuel economy up 6 percent from 2011

2012 average fuel economy up 6 percent from 2011

The average fuel economy of new vehicles sold in the U.S. last year increased by nearly 4 mpg (+6%) from 2011. According to the Transportation Research Institute at The University of Michigan, the average fuel economy of the 14.5 million vehicles sold in 2012 was 23.8 mpg (9.88 liters/100 km), […]

Ford to demolish 25 percent of its former Wixom assembly plant

Ford to demolish 25 percent of its former Wixom assembly plant

Ford Motor Company is tearing down about 25 percent of its former Wixxom assembly plant in Michigan. According to Ford spokeswoman Becky Sanch, the automaker is currently in sales negotiations on the property and the demolition is agreed upon by everyone involved. The City of Wixom has said the plant […]

Marchionne: Jeep production not moving to China

Marchionne: Jeep production not moving to China

Chrysler Group CEO Sergio Marchionne said Jeep is not moving production to China and reaffirmed the brand’s commitment to the United States. Marchionne’s statement came as a response to Mitt Romney’s comments made during a speech in Ohio. On that occasion, the Republican candidate for U.S. Presidency said that Chrysler […]

Tesla Motors asked to speed up government loan repayment

Tesla Motors asked to speed up government loan repayment

The U.S. Energy Department has asked Tesla Motors to speed up the repayment of its $465 million loan granted in May 2010 for developing electric cars. The California-based company, led by billionaire Elon Musk, said today in a U.S. regulatory filing that it has until October 31 to submit a […]

Mazda stops making cars in the U.S.

Mazda stops making cars in the U.S.

Mazda has stopped production in the U.S. at the Flat Rock plant, co-owned by the Japanese carmaker and Ford. Both companies will maintain the 50-50 stake in the Flat Rock facility, where Ford intends to build the Fusion starting in 2013. Ford will invest $550 million in order to prepare […]