(NEW YORK)The continued decline in North American automotive production is expected to weigh heavily on the second-quarter results of auto suppliers, especially those heavily dependent on li...READ MORE
(NEW YORK)Shares of American Axle & Manufacturing Holdings Inc. tumbled Tuesday on worries about the effects that new light truck capacity cuts at No. 1 customer General Motors Corp. will ha...READ MORE
(OWEN SOUND, Ontario)More than 100 workers at an Owen Sound, Ontario auto parts plant have learned they will lose their jobs because General Motors Corp. is reducing production of lightweight trucks an...READ MORE
(NEW YORK)Shares of several auto suppliers tumbled to 52-week lows Tuesday, after General Motors Corp. announced further light truck production cuts as part of a plan designed to help the st...READ MORE
(LAKE FOREST, Ill.)Automotive parts maker Tenneco Inc. said Thursday it reached a preliminary agreement to buy the suspension business of Italy-based Gruppo Marzocchi. The deal is the initial step an...READ MORE
(ELKHART, Ind.)Auto parts maker Tenneco Inc. will add two catalytic converter manufacturing lines to its Elkhart exhaust plant as part of a $6 million expansion expected to be finished by year...READ MORE
(NEW YORK)Shares of many automotive suppliers tumbled to record lows Thursday as worries grew that things could get even worse for the U.S. automotive industry down the road.READ MORE