Posted in: Auto Parts
Auto parts supplier stocks suffered Monday as the Administration threatened to cut General Motors and Chrysler lifelines.
0
Archive for March, 2009
Posted in: Auto Parts
Posted in: Auto Parts
Posted in: Auto Parts
Posted in: Auto Parts
Crude prices fell sharply to end the week and natural gas tumbled to seven-year lows as a worsening economy led to more painful cuts in the industrial sector.
Posted in: Auto Parts
Johnson Controls Inc. said Friday it will cut jobs and close 10 manufacturing plants as part of a restructuring effort that it said will cost between $200 million and $215 million.
Posted in: Auto Parts
Johnson Controls will shut down 10 plants and take a second-quarter charge of up to $215 million, the automotive supplier says in projecting that vehicle production will remain in a moribund state.
Posted in: Auto Parts
Auto interiors and battery maker Johnson Controls Inc said it would close an additional 10 plants and cut more jobs than planned as it expects no near-term recovery in global auto production.