TOKYO- With more than a quarter of all Japanese expected to be aged 65 or over by 2015, the country faces serious economic consequences, including labor shortages that could weigh on GDP. MORE
DETROIT-Detroit's three automakers are urging Congress to make as much as $35 billion to $40 billion in low-cost loans available during the next two years to assure that the companies survive long enough to retool and build a new generation of fuel-efficient vehicles. MORE
TOLEDO-The United Auto Workers union and Chrysler are discussing a production switch that could institute a four-day, 10-hour workweek for most employees. MORE
DETROIT-American Axle & Manufacturing will build a new plant in Stanowice, Poland, to produce differential gears for a number of car brands in Europe. MORE
DETROIT-The perception that Michigan is home to a combative, uncooperative workforce puts the state at a severe disadvantage when competing for projects like the new Volkswagen plant slated for Chattanooga, TN. MORE
HILLSVILLE, VA-Four months after two Virginians bought a stake in a Tennessee water-pump manufacturer, the company announced it is moving from Tennessee to rural Carroll County in Southwest Virginia.
AmeriPumps LLC will invest $4.6 million to set up operations in Hillsville and employ 125 workers. MORE