I.C. auto parts supplier lays off 37 more
The dramatic downturn in auto sales brought 37 layoffs last week at an Iowa City factory that manufactures plastic interior parts for Detroit's big three automakers.The layoffs have reduced employment at International Automotive Components' Iowa City plant to 685, down about 170, or 20 percent since September.Detroit-based International Automotive Components has operated the former Lear Corp. ...

Economic troubles for Big Three automakers trickle down to Columbia auto parts manufacturers
COLUMBIA ? Dana Corp, one of the four major automotive parts manufacturers in Columbia, has laid off 50 people even as the federal government weighs a $25 billion bailout for the Big Three automakers. Columbia, with its strategic location between the two biggest cities in Missouri, is attractive to manufacturers, and major companies have a long-standing presence in the city. But with the ...

Ellendale auto parts store robbed by armed gunman
ELLENDALE, N.D. - Authorities are looking for a suspect in a Saturday morning armed robbery at an auto parts store here. Advertisement: JobsHQ Get a personalized video for your business Set up a JobsHQ Featured Employer account and get a video created for your business. Contact info@jobsHQ.com for more information

Plummeting auto sales contribute to budget shortfalls across U.S.
As the U.S. auto market marches toward its worst year in decades and dealers close in droves, state and local governments across the country are preparing for serious belt-tightening. Sales of new and used cars, as well as parts and service, are the single largest source of sales tax revenue for almost every state, county and local government, but those figures were down substantially these ...

Auto-Supplier Credit Risk at Record as GM, Ford Seek Bailouts
Dec. 1 (Bloomberg) -- The cost of protecting bonds sold by auto suppliers from default rose to records as General Motors Corp. Chief Executive Officer Rick Wagoner prepares to lead a delegation of carmakers to Washington seeking a bailout.

Faced with Finance Crisis, German Auto Firms Cut Production
As the global finance crisis ravages the auto industry, German carmakers and car parts manufacturers are forcing their employees not only to take extended holiday breaks but also to work fewer hours.

Helpful store clerk gets punched, thwarts robbery
MERRIMACK, N.H. -- An auto parts store employee doing a good deed found himself in trouble after he opened the doors for a man after hours.

Hydrogen Powered SUV Hits Streets Of New York
As the auto makers struggle to sell cars and stay afloat, an auto revolution is underway in suburban New York. Tony Wan, a Westchester resident, has ended a three month test of a General Motors hydrogen powered SUV. "It has no emissions, no working combustible parts, no gas," Wan said. The $500,000 custom built Chevy Equinox test car uses no gas, can go up to 200 miles on a tank full of ...

Germany auto part maker Continental looks to curb production at year end
BERLIN - Auto parts and tire maker Continental AG said Saturday that it will follow most German carmakers in curbing production at the end of this year.

Local plant in fight of its life
A NN factory and a South Carolina plant are each in a battle for survival. They'll learn in January which will close. Auto parts giant Continental AG and its local union are in negotiations that could end with hundreds of new jobs flooding into the local plant, or the closing of the 37-year old factory.

Dana Corporation Lays Off 50 Workers in Missouri
Auto parts supplier Dana Corporation says it?s laying off  workers at a Missouri facility.  WDET?s Jerome Vaughn has more. SOQ  Dana officials say 50 workers will be laid off at the company?s parts plant in Columbia, Missouri.   The factory produces axles for Ford, General Motors and Nissan vehicles.  The plant employs about 250 workers.  But that?s down more than 100 staffers from the same time ...

Arkansas Support Businesses Await Auto Bailout Decision
LITTLE ROCK -- Arkansas is not exactly at the heart of the American auto industry, but many in the state are paying close attention to the debate in Congress over a proposed bailout of the Big Three automakers.

And now something completely different. After a lot of minimal beats we want to create a crossover ...
And now something completely different. After a lot of minimal beats we want to create a crossover to some other electronic styles which also involves handmade parts. So let?s transfer you in a quiet winter mood with the music of Auto-Pilot from Barnsley in the UK.

GERMANY: Parts makers under threat
This article is locked. You need to be a Full Member of just-auto to view this article. Existing users, please login at the top of the page. Summary: Germany's small and medium-sized component suppliers could be under threat of insolvency if they cannot get access to financing soon.

UPDATE 1-US judge OKs Delphi's use of DIP loan past deadline
NEW YORK, Dec 1 (Reuters) - A bankruptcy court on Monday granted Delphi Corp's request to allow the U.S. auto parts maker to continue using the proceeds from its debtor-in-possession financing after the loan expires on Dec. 31.

(AFX UK Focus) 2008-12-01 21:45 US judge OKs Delphi's DIP loan use past deadline
NEW YORK, Dec 1 (Reuters) - A bankruptcy court on Monday granted Delphi Corp's request to allow the U.S. auto parts maker to continue using the proceeds from its debtor-in-possession financing after it expires on Dec. 31. The company, operating under Chapter 11 bankruptcy protection, had sought court approval to allow it to continue to access its $4.35 billion bankruptcy financing through the ...

US judge OKs Delphi's DIP loan use past deadline
NEW YORK, Dec 1 (Reuters) - A bankruptcy court on Monday granted Delphi Corp's request to allow the U.S. auto parts maker to continue using the proceeds from its debtor-in-possession financing after it expires on Dec. 31.

Auto parts giant Magna to axe 850 jobs in Ontario ? Plants in Aurora and Newmarket will close
Canada's largest auto parts company is shutting down two Toronto-area plants, with the loss of 850 jobs, in the latest blow to the beleaguered Ontario [...]

Suppliers from around the world look to India
PUNE, India - In early 2007, Kuka Automation Equipment set up a small plant in an automotive park in Pune, India, a strategic location that gives it quick access to the factories of major auto companies such as Tata Motors, Mahindra Motors, and Volkswagen. Kuka, a German company that builds robots used in automobile manufacturing, is among hundreds of parts suppliers from across the world that ...

Auto-parts firm feels the impact
Magna International Inc., one of the world's sturdiest auto parts makers, is starting to feel the impact of the crash of the North American vehicle industry.