Michigan-based BorgWarner, the world’s largest maker of automatic-transmission parts, rose in New York trading after posting a loss that was smaller than analysts’ estimates. The…
As General Motors prepares to cut thousands of white-collar workers, the automaker will not offer the voluntary buyout packages that have been customary in previous…
Aurora, Ontario's Magna International will close its gear assembly plant in Syracuse, New York, after workers rejected a contract the company said was necessary to…
Ford Motor Company's credit unit will cut 1,200 jobs from its 6,100-strong US workforce. Spokesperson Brenda Hines said employees will begin to leave the company…
Milwaukee's Harley-Davidson, the biggest US motorcycle manufacturer, said Q4 profit fell 58%, pushing shares to the lowest level in almost 12 years. The company will…