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Home » Topics » Assembly Breaking News

Assembly Breaking News
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Governments Scrambling to Save Jobs

November 20, 2008
PARIS-Governments worldwide are working overtime to cushion the impact of the ongoing financial crisis. MORE
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Swedish Truck Maker May Return to Iraq

November 19, 2008
BAGHDAD-The Swedish truck maker Scania has signed and “agreement in priciple” to resume truck production in Iraq in the same facility it operated during the Saddam Hussein era. MORE
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Toyota Continuing to Cut Output

November 19, 2008
TOKYO-Faced with sluggish demand, Toyota Motor Corp. plans to suspend all North American production for two days in December. MORE
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Volvo Cutting Jobs in Brisbane

November 19, 2008
GOTEBORG, Sweden-Volvo has cut 130 jobs at its commercial vehicles factory in Brisbane, Austalia. MORE
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Boeing 787 Delayed Again

November 19, 2008
CHICAGO-Boeing is setting back the delivery and production schedule for its 787 Dreamliner by another 10 weeks as a result of the recently concluded machinists strike. MORE
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Ford Giving up Control of Mazda

November 18, 2008
DEARBORN, MI-Ford Motor Co. is selling a portion of its ownership stake in Mazda Motor Corp. in and effort to shore up its cash position. MORE
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Honda Supplier Looking for Workers

November 18, 2008
NEW MADISON, OH-While Detroit's Big Three automakers are laying off employees, not all who work in Ohio's automotive-related businesses are afraid of losing their jobs. MORE
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Bankruptcy Might Finally Fix Detroit

November 18, 2008
INDIANAPOLIS-According to one analyst, a GM bankruptcy would have wrenching effects, but it would make the companies competitive again. A bailout without bankruptcy would just prolong the agony.MORE
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Toyota, BMW, Hyundai Workers' Senators Oppose Rescue

November 17, 2008
WASHINGTON-Senators from southern states with factories owned by Asian and European car manufacturers oppose a bailout of U.S. automakers, saying the industry can thrive without General Motors Corp., Ford Motor Co. and Chrysler LLC. MORE
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GM Selling Its Stake in Suzuki

November 17, 2008
DETROIT-General Motors Corp. is selling its entire stake in Suzuki Motor Corp. for $230 million as it continues struggling to stay afloat financially. MORE
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