July 30, 1998 |
TRW Inc. said Wednesday it will close more than a dozen plants and cut 7,500 jobs worldwide in a bid to reduce costs and become more competitive in the automotive parts business. The Cleveland-based maker of products for the automotive, space and defense industries--one of its major customers is General Motors Corp.--said it hopes to cut $75 million in costs and reduce capital spending by $300 million over five years.
December 18, 2006 |
WHIPLASH is one of the most common injuries resulting from automobile crashes, affecting about 1 million Americans each year. But adjusting your car's head restraint properly can minimize the risk of injury, according to a new study. Using a computer model, researchers at the Medical College of Wisconsin have shown that positioning the head restraint very close to the back of the head -- no more than 2.4 inches away from it -- provides the best protection.
December 16, 2006 |
Farmers Insurance Co. has agreed to settle a class-action lawsuit alleging that it required use of substandard metal replacement parts for crash repairs. The insurer has agreed to pay claimants $20 to $40 for each substandard part used in repairing their vehicles. Farmers also will pay $17 million to the law firms that handled the case. The suit, filed in Orange County Superior Court in 2000, covers Farmers clients who had vehicles repaired from June 15,1996, to Nov. 1, 2006.
August 22, 2000 |
In an unprecedented move for a major auto maker, Ford Motor Co. will halt production at three of its truck plants for more than a week to free up 70,000 tires for use as replacements in a recall of 6.5 million Firestone tires. The plants in St. Paul, Minn.; Edison, N.J.; and Hazelwood, Mo., will close Monday to Sept.
December 8, 2000 |
General Motors Corp., Ford Motor Co. and DaimlerChrysler said they planned to form an Internet portal to connect all the companies serving the estimated $550-billion global market for automotive parts and services. The first product for the yet-to-be-named venture will be CollisionLink, which will connect automotive dealership service centers with collision repair shops via the Internet, helping to eliminate wrong orders and cutting costs and time.
September 16, 2000 |
Congressional investigators are now focusing on whether Ford and Firestone adequately tested the tires for the Explorer sport-utility vehicle. The tires were recalled last month amid growing evidence they could fail and cause deadly rollover crashes. With hearings on the testing issue scheduled for Thursday before the House Commerce Committee, lawmakers are considering legislation to require more stringent tire testing. "We want to know who tested what, when and under what conditions," said Rep.
November 3, 1998 |
General Motors Corp. said it plans to make a computerized oil-quality monitoring system, now available on some high-end GM cars, standard equipment on 90% of its North American cars and light trucks during the next five years. The system, first developed in Europe, monitors engine revolutions, operating temperature and other factors to determine when a vehicle's oil should be changed.
March 31, 2006 |
The United States and the European Union filed a trade case Thursday against China in a dispute involving auto parts as the Bush administration moved to deal with rising concern over a soaring deficit with China. The complaint alleges that China is imposing high taxes on imported auto parts in violation of commitments it made when the country joined the World Trade Organization in 2001.