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Auto suppliers Metaldyne Corp. and Kolbenschmidt Pierburg AG are teaming to develop powertrain component systems for fuel-efficient vehicles. The companies, which will remain independent operations but collaborate on design and marketing, aim to help automakers more quickly develop fuel-efficient vehicles. German giant Kolbenschmidt owns more than 20% of the global...
Posted on January 29, 2009 2:44 PM
The economic slowdown in China is being felt by General Motors Corp.'s passenger vehicle joint venture. Shanghai General Motors Corp., the crippled giant's joint venture with SAIC Motor Corp., on Monday posted a 7% drop in 2008 sales. Overall, GM sales in China rose 6% in 2008, carried by sales...
Posted on January 6, 2009 2:30 PM
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