Reuters - CHICAGO, June 29 (Reuters) - The United Auto Workers is expected to announce results of a member vote on Friday on a deal that auto parts maker Delphi Corp. (DPHIQ.PK: Quote , Profile , Research ) says it needs to exit bankruptcy, with initial

UAW ratifies historic Delphi pact
Cleveland Plain Dealer - Detroit — Workers represented by Delphi Corp.’s largest union have approved a historic contract agreement that cuts wages for longtime employees of the auto-parts maker but secures thousands of jobs at plants that once were in jeopardy. The

Hayes Lemmerz says sells unit to privately held ECF-Group
Reuters - The financial terms of the deal were not disclosed, the U.S. maker of wheels and other auto parts said in a statement. The company said it does not expect the deal to have a material impact on its prior full fiscal year 2007 outlook. (Reporting by

Press Release Tips and Template
PRWeb - “After being picked-up by over 1,190 PRWeb subscribers, and ending up on E*TRADE radio as a result, we’re more than happy with the value proposition you folks have put together. Where else can you put out a measly $200 and be seen by such high

Press Release Tips and Template
PRWeb - “Our public relations firm consistently uses the PRWeb Podcast service for our clients, but I ve not taken advantage of the service very often for our own PR efforts with TopRank. Yesterday for the second time ever, I personally used PRWeb s

UAW ratifies Delphi contract
Detroit Free Press - UAW members at Delphi Corp. approved a contract with the bankrupt auto-parts maker, the union said Friday. The deal was the culmination of nearly two years of negotiations that concluded a week ago. The four-year contract will reduce wages for about

Subscribe to News Feed
PRWeb - In launching Makeover Train, we wanted to create an online buzz about the show. In embedding the video within the press release, we gave journalists, bloggers, potential audience members a preview of the show. Ultimately, our release received over 50

UAW members make deal with Delphi
CNN Money - CHICAGO (Reuters) — United Auto Workers union members have approved a deal that gives Delphi Corp. concessions on wages, benefits and plant closings that the auto parts maker has said it must have to exit bankruptcy. About 68 percent of UAW members

Detroit, Michigan
Examiner - 3 hrs ago - Struggling auto parts maker Delphi Corp. reached a tentative wage-cutting agreement Friday with its largest union in what may set the pattern for future pay in the U.S. automotive parts industry. 3 hrs ago - Auto parts maker Delphi’s path

Texas Observer - We don t have low-end kind of industry jobs for them like working in the auto plant, so they re not going to be supporting their families. And they re going to be angry. They re going to feel like they re owed. Do we get everybody

It’s going to take more than ‘why not the Pine Belt’ to lure major
Hattiesburg American - In a recent editorial in the Hattiesburg American (”Next big business deal should involve Pine Belt”), the author suggested that Gov. Haley Barbour and the Legislature should focus on the Pine Belt as the location for the “next” auto plant because

Foreign workers find unexpected surprises in state
Everything Alabama - Since Mercedes-Benz opened its auto plant in Vance in 1997, Alabama has become a magnet for foreign companies, luring Honda, Hyundai and dozens of smaller international firms. Last month, it secured the nation’s largest industrial investment in

Powerful Interest Groups Complicate Swift Action on Energy in Congress
Environmental News Network - Dozens of car dealers and auto plant managers were making the rounds of Senate offices to lobby against the measure this week. Chief executives of the Big Three automakers recently came to Capitol Hill to tell Senate leaders the proposed requirement

A GM town fears for its future
Detroit News - The conflict in Lordstown is exacerbated by the fact that GM loses an average $1,400 on every vehicle it builds in the United States, according to the Harbour Report, a closely-watched annual study of auto plant productivity. The Lordstown plant

Special Report: 2007 UAW contract talks
Detroit News - Chrysler, meanwhile, inked a deal with China’s Chery Automobile Co. to build small cars in China for export to the United States. Preserving wage levels that will allow auto plant workers to maintain their middle-class lifestyle. The automakers likely

Pair pleads not guilty to murder Bond set at $10 million for each
Twinsburg Bulletin - Chetankumar called police the next day when he found a co-worker’s SUV parked at the auto plant, according to police. According to police reports, Chetankumar was charged in May 2005 with two counts of domestic violence after allegedly hitting Sejal

Aggregated results for trading of shares in RTS
Interfax Information Agency - 11160100 Unified Energy System Pr 29.177 27.505 27.666 29186.21 1000300 Sibirtelecom 2.974 3.076 - 1512.64 508700 Energy 1.0 1.0 - 1960.13 1960210 GAZ Auto Plant

Delphi contract approved despite local opposition
Buffalo News - GM, which relies on parts from Delphi, is bankrolling the settlement and offering incentives, including flow-back rights to auto plant jobs and guarantees of continued orders. GM spun off Delphi, its former parts unit, in 1999. This isn t

Murch: Thursday a day Alpena will not soon forget
Alpena News - The news of auto plant closures has been a regular new item the past several years. In fact, Saginaw Malleable Iron Plant, which is part of General Motors powertrain division, is closing at the end of this month though one factor in that plant

Detroit News - SOUTHFIELD — Federal Mogul Corp ., an auto-parts maker, will be profitable after emerging from U.S. bankruptcy. The company in the first quarter posted net income of $4.5 million, after a $68.4 million loss a year earlier. Detroit News staff, wire and

Detroit Free Press - Bankruptcy Court judge in Wilmington, Del., to require the auto-parts maker to disclose its income projections through 2011. In its court filing, the committee recounted how Dura presented its business plan to the committee on May 22 and to a

BioQuest Technology’s BioShield 75/Wix Cabin Air Filters to be
MSN MoneyCentral - BQTG), a leading developer of innovative, environmentally safe antimicrobial products, today announced its BioShield 75/Wix Cabin Air Filters will be carried by NAPA Auto Parts and its more than 12,000 retail locations throughout the U.S. NAPA Auto

Delphi proposal would almost halve pay
USA Today - DETROIT Leaders of the United Auto Workers union have a tough job this week: Persuade about 17,000 workers at Delphi plants to sign off on an agreement that will shut plants and reduce wages. Delphi, the big auto parts supplier that filed for

Delphi plans to keep 4 plants open
CNN Money - NEW YORK (Reuters) — Bankrupt auto parts maker Delphi Corp. will retain and operate four plants under a tentative agreement with the United Auto Workers, according to a document posted on a Web site run by union members. Delphi would hold another

Hideo Ishii Named Asahi Tec President
PR Newswire - Headquartered in Shizuoka, Japan, Asahi Tec (TSE: 5606) primarily designs, manufactures and sells ductile iron cast auto parts for truck and construction machinery OEMs, aluminum casting parts for truck and passenger car OEMs and aluminum wheels

Street.Com - The bankrupt auto-parts maker said it won’t provide details of the agreement, which is subject to union ratification and approval by the U.S. bankruptcy court. “If ratified, we believe this agreement will be a significant milestone in our

Pull-A-Part to open do-it-yourself used auto parts facility on 20
Memphis Business Journal - COURTESY PULL-A-PART LLC Pull-A-Part keeps an up-to-date inventory to help find used auto parts. View Larger Pull-A-Part LLC , a used automotive parts retailer, is expanding into Memphis by opening a new location at 2955 Farrisview in first quarter

Verdict in auto parts lawsuit is thrown out
Kansas City Star - A Jackson County judge on Friday threw out a $17 million jury verdict against American Family Mutual Insurance Co. in a class action lawsuit over aftermarket auto parts. Circuit Judge Edith Messina ruled from the bench that the plaintiffs had failed

Athens Township: The legacy lives on’; Second Annual Jim King
Sayre Evening Times - From the position of car salesman Jim worked his way up to the auto parts department. No one likes to be told their car needs repairs, said Williams, but Jim’s personality was enough to make people seem to not stress over those repairs. Williams said

Delphi Cuts Base Wage To $14/Hr, To Keep Open 4 UAW Plants
Beurs.nl - The auto parts supplier is offering a wide range of lump-sum payments, relocation allowances, buyouts and early retirement packages to soften the blow for workers. In addition, GM is agreeing to take control of some Delphi plants and open the door

Charlotte.com - A company that designs e-catalogs featuring auto parts and accessories is moving from Charlotte to downtown Rock Hill, bringing 12 employees and a long-term plan to hire many more. Insignia Group aims to open a headquarters by August in the old

ISS: Lear Shareholders Say No to Icahn
MSN MoneyCentral - DETROIT (AP) - Institutional Shareholder Services is recommending that shareholders of Lear Corp. vote against billionaire investor Carl Icahn’s proposed takeover of the auto-parts supplier at the annual meeting on June 27. The recommendation by the

Bosch may raise open offer price for its Indian subsidiary MICO
Forbes - MUMBAI (Thomson Financial) - German auto parts maker Robert Bosch GMBH is set to increase the open offer price for its Bangalore-based subsidiary Motor Industries Company Ltd (MICO) to 5,000-5,500 rupees a share from 4,000 rupees, the Hindustan Times

Gamespot News - All nondroid characters are able to assemble random piles of Legos into usable devices, something that originally only Jedi were capable of; many blaster-wielding characters will now auto-dodge incoming blaster fire; and most characters now have

Forbes - GM expects that the Delphi labor costs will be more than offset by reductions in a $2 billion annual price penalty that GM now pays Delphi for auto parts. The parts supplier plans to close or sell 21 of its 29 U.S. plants and focus on operating eight

10:45 a.m. - Check out the pollution report before you hit the beach
Guam Pacific Daily News - The closed area extends west from Pase to the public parking lot adjacent to Diamond Auto Parts. This area will remain closed until further Other polluted beaches have bacteria levels above environmental and health standards. The public is advised

ERIC RICHARDSON AND THE #20 NAPA BELTS & HOSE FOURTH AT THE NAPA 150
Racing West - Over 600 NAPA AUTO PARTS and NAPA Belts & Hose customers, store owners and employees came out to support the teams from BMR in the NAPA 150 . The weekend began with a Sneak Peak event at Gates Rubber Headquarters in downtown Denver, the

Letter to the editor: Poker run raises $3,000 to help WIN
Public Opinion - Advance Auto Parts, Angie Spinner, Auto Zone, Baker Beverage Company, Before and After Cafe, Belle Jewelers, Blue Mountain Gallery, Chambersburg Beverage, Chambersburg Country Club, Chambersburg Fitness Center, Chanbersburg HOG Chapter, China House

Ontario Puts Out Welcome Mat For HBPO in Windsor
CNW Group - Auto Parts Supplier Opens New Facility, Creates 100 Highly Skilled Jobs WINDSOR, ON, June 15 /CNW/ - Economic Development and Trade Minister Sandra Pupatello and Energy Minister Dwight Duncan rolled out the welcome mat - literally - for HBPO today as

Pardus teams up to seek Delphi stake
Detroit News - Pardus, which also owns large stakes in former Ford Motor Co. parts unit Visteon Corp. and French auto parts maker Valeo SA, had previously joined with a rival investor, Dallas-based Highland Capital Management LP, which lost its bid in January to

Parts maker Remy to file for bankruptcy in deal with bondholders
Examiner - Remy International Inc. said Friday it intends to file a prepackaged Chapter 11 petition that would allow it to cut $360 million in debt, joining a growing number of auto-parts companies that have had to resort to filing for bankruptcy-court

Business week in review
Minneapolis Star Tribune - CEO in town: After a productive six years at the helm of Minneapolis pump maker Graco Inc., CEO David Roberts is leaving to become president and CEO of North Carolina-based Carlisle Companies, a larger but slower-growing manufacturer of auto parts

Police investigating shooting at Bradenton business
Herald Tribune - BRADENTON — Authorities are on the scene of a shooting that happened about 3 p.m. Friday near the 941 Kustomz auto parts store in the 1900 block of 1st Street West near the Red Barn flea market. At least one person was seriously injured and taken by

DailyTech - Toyota’s margins on hybrid vehicles to reach parity with gasoline-only vehicles by 2010. Toyota is basking in the limelight as it sees the sales of its hybrid vehicles take off worldwide. The company introduced the world first’s modern gasoline

Louisville Courier-Journal - This year, Toyota took over GM’s spot as the world’s No. 1 auto maker; half the vehicles it makes are the best model in their class in one or more environmental categories. As the J.D. Power survey shows, the Big Three have the ability to compete

Proud to Be Paranoid!
Slate - outlined a series of rear-drive projects that have been put on hold until the auto maker knows how strict the proposed new corporate average fuel efficiency (CAFE) regulations will be. Mounting casualties so far include migrating the next Chevy Impala

Bill Ford on the Mazda Alliance, Small Cars, Jaguar and More
Wall Street Journal - The interview, in China, was the executive’s first public comment since handing over the reins at the auto maker and after this week’s bad earnings news. On how Ford can learn from partner Mazda Motor Co.: Mazda has proven to be a tremendously

Can a Business Be Run As a Corporate Democracy?
KOLD-TV - A GM spokesman, however, says the auto maker gleaned many insights from the Spring Hill plant and still emphasizes employee input. Ternary’s path to workplace democracy wasn’t painless. The company, founded in 2001, first tried to draft a mission

Top National News Right Now
WSTM - The nation’s number-two auto maker won the top spot in 5 of 19 segments in the JD Power and Associates 2007 survey. Once again, Porsche dominated the overall ranking of brands, averaging 91 problems per 100 vehicles — the same as last year. The 2007

Former IT Contractor Pleads Guilty To Chrysler Sabotage
Information Week - An IT contractor who had been let go from his job at Daimler Chrysler pleaded guilty to sabotaging the auto-maker’s wireless inventory network and causing more than $29,000 in damages. William A. Johns, 65, of Lake Orion, Mich., pleaded to the charge

Ford recalls Escape SUVs because of brake trouble
KFOR - WASHINGTON — Ford is recalling more than 500,000 Escape sport utility vehicles. The auto maker says it’s received about 50 reports of engine fires linked to corrosion on antilock brake connectors. Ford says there has been no reports of accidents or

Obscure Law School Places Grads at Nation’s Top Firms
KHNL News 8 - Through in-house lawyers at auto maker DaimlerChrysler and auto-parts company Delphi, Mr. Gordon contacted partners at prominent national firms — most of whom had never heard of the school — and reached out to a handful of Harvard Law School

Business Minute: Stocks close mixed Oil prices surge Leopard
KTNV - The boost came on media reports over the weekend that the auto maker has hired investment banks to explore options, including the possible sale of its Land Rover and Jaguar brands. Ford is not commenting on the speculation. NEW YORK (AP) - Lingering

Why Daimler gave Chrysler to Cerberus
MSNBC - DaimlerChrysler announced Cerberus will pay $7.4 billion for 80.1% of Chrysler, but as part of the deal, the German auto maker is injecting slightly more than that sum to cover Chrysler’s outstanding debt and restructuring charges and recapitalize