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Home » Topics » Assembly Breaking News

Assembly Breaking News
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Factory Production Up in October

November 17, 2008
WASHINGTON-U.S. industrial production grew in October, after one of the worst manufacturing months ever in September, according to a report released Monday by the Federal Reserve. MORE
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Auto Bailout Meeting Opposition

November 14, 2008
WASHINGTON-Doubts about the prospects for a $25-billion rescue of Detroit's automakers are growing louder as opponents decry yet another bailout and even supporters question whether the idea has sufficient backing in Congress. MORE
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Kyocera Constructing New Solar Plant

November 14, 2008
KYOTO, Japan-Japanese manufacturer Kyocera Corp. is constructing a new large-scale solar cell production facility in Yasu City, Japan, set to open in 2009. MORE
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Mercedes Scaling Back in 2009

November 14, 2008
VANCE, AL-The Mercedes-Benz plant in Alabama plans to scale back operations in 2009 as the company works to match production rates with weakening demand. MORE
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Bicycle Exports Down in Punjab

November 13, 2008
CHANDIGARH, India-Bicycle exports from Punjab are likely to fall by 26 percent this year as currency fluctuations and the ongoing slump in consumer spending depresses overseas demand. MORE
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Analysts: Economic Downturn Isn't Going Away

November 13, 2008
NEW YORK-Analysts are predicting the current downturn in the U.S. economy will be the longest in three decades, and the drought in consumer spending may be the worst ever. MORE
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Bombardier Opens Rail Plant in India

November 13, 2008
MUMBAI, India-Bombardier Transportation has opened a new railcar assembly plant in Savli, India, to meet growing demand in the region. MORE
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Analyst: GM Bankruptcy Not the End of the World

November 12, 2008
DETROIT-Bill Ackman, manager of the Pershing Square Capital Management LP hedge fund, says that while the word "bankruptcy” sounds scary, it is simply a means by which a company can find protection from creditors while continuing to operate. MORE
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Bush Opposing Pelosi Auto-Rescue Plan

November 12, 2008
WASHINGTON-House Speaker Nancy Pelosi's plan to aid troubled U.S. automakers threatens to spark a final clash with President George W. Bush before he leaves the White House in January. MORE
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The End of the Yugo

November 11, 2008
KRAGUJEVAC, Serbia-In Serbia's Zastava car factory, the very last Yugos, the pride of the former Yugoslavia, are coming off the assembly lines after almost 30 years of production. MORE
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