TOKYO-Toyota Motor Corp.
attributes at least some of its recent surprise profits to measures by
governments around the world designed to boost sales of environmentally
friendly vehicles. MORE
WASHINGTON-New factory orders in September rose 0.9 percent following an unrevised 0.8 percent decline in August, the Commerce Department reported. That’s slightly above the 0.8 percent rise economists were expecting. Orders have now risen in five of the last six months, but are down an unadjusted 21.7 percent over the year. MORE
BERLIN-German politicians and Opel employees are angered by General Motors
Co.’s decision to abandon the sale of its European subsidiary to parts maker
Magna International and Russian bank Sberbank. MORE
BROUGHTON, U.K.-Airbus will invest more than €400 million here in the next 12 months as it prepares to start production of its latest aircraft, the A350XWB. The aerospace giant has started constructing a 46,000-square-meter factory at its site in Broughton, North Wales, which will build the A350’s wings and help to secure 10,500 jobs in Britain for the next decade. MORE
West Point, GA-Kia Motors says it will reopen the application process for production and maintenance jobs at its new assembly plant here. The South Korean automobile manufacturer has hired 1,200 employees for the plant, where full production of the Kia Sorento is expected to begin later this month. A second production line is planned for early next year. MORE
TOYOTA CITY, Japan-Toyota has been unable to achieve full production of its hot-selling Prius hybrid because of an ongoing battery and inverter shortage. MORE
FRANKFORT, KY-Blackhawk Composites, a startup aerospace parts manufacturer, will be opening a new assembly plant in Butler County, KY. The 40,000-square-foot facility is expected to create 20 new jobs initially, and it could employ 30 within its first year. MORE
NORMAL, IL-Nearly a quarter-century after plans for a Normal automotive assembly plant were first announced, Mitsubishi Motors North America celebrated production of its 3 millionth car last Thursday. MORE
TOLEDO, OH-Although nothing is certain until the company announces its turnaround plan on Wednesday, the Toledo area's Chrysler plants will likely get a number of new products that will bring with them hundreds of good-paying jobs. MORE
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