- FDI down in IQ02. (New Business).
Foreign Direct Investment (FDI) entering the nation during the first quarter of the year fell 24.21% compared to the same period last year, the lowest since 1998, the Economy Secretariat reported. In the first quarter of 2002, FDI reached US$2.72 billion, compared to US$3.586 billion in the year-ago period. Foreign ......
- Driving business: Ohio's auto industry.
The automobile industry and the State of Ohio are close partners. The state's auto industry ranks second in the United States in automobile production, generating 1.7 million light vehicles each year and $20 billion in activity. Ohio also ranks first in the country in the number of auto suppliers. This ......
- Research and Markets: US: Hyundai To Establish US$270m Engine Plant In Alabama and Canada
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c53407) has announced the addition of Light Vehicle Manufacturing to their offering Light Vehicle Manufacturing is a dedicated round-up of all the latest global happenings and analysis specific to the manufacturing activities of the world's light vehicle manufacturers. It covers the following topics: - ......
- FORD, GM CUTS MAY FUEL HIRING AT COMPETITORS
HEADNOTE AUTO INDUSTRY IMAGE PHOTOGRAPH 1 FILLING UP As Ford and General Motors look to lay off thousands, Hyundai Motor America is hiring in such fields as manufacturing, sales and research. The U.S. arm of the South Korea-based company says it already has recruited executives from the Detroit automakers. The ......
- Michigan Governor asks Bush to address automobile
industry manufacturing crisis.
Michigan Gov. Jennifer Granholm has called on President Bush to convene a meeting of his economic team, manufacturing industry officials, labor leaders and members of Congress to discuss the need for a rapid federal response to problems facing manufacturers. Granholm will be in Washington on November 16 to meet with ......
- Magna cum luck: Magna Steyr is stuctured like an OEM
without a brand.
Back in 1998, Magna International of Toronto acquired Steyr-Daimler-Puch, an Austrian automotive company established in 1934 after the merger of three different Austrian companies with roots in the nineteenth century. The new company, at the time of the acquisition, was acting in the automotive field both as an OEM and ......
- Anderson.
Employment is a central issue for the city of Anderson and Madison County. More specifically, for more than sixty years, automotive manufacturing employment has been the center of our economic base. After twenty-five years of decline, however, the automotive manufacturing industry has finally closed its doors on Anderson. Due primarily ......