Magna Proposes €1.2 Billion Auto Plant in Slovenia

March 17, 2017 at 9:30 AM

Magna International Inc. wants to build a €1.2 billion ($1.3 billion) assembly plant in Slovenia that will be able to make as many as 200,000 vehicles per year, Reuters reports, citing a government statement.

GM Adds Powertrain Jobs in Michigan

March 15, 2017 at 10:57 AM

General Motors Co. says it will add about 220 new jobs in Michigan over the next year to boost output of a fuel-efficient 10-speed transmission.

ZF Opens Tech Center in India

March 02, 2017 at 2:38 PM

ZF Friedrichshafen AG has opened a €15 million ($15.8 million) facility in Telangana, India, to develop advanced electronics and software to expand the company's portfolio of "intelligent" mechanical systems.

Ford Likely to Cut 1,100 Jobs at U.K. Engine Plant

March 01, 2017 at 3:32 PM

Ford Motor Co. says it will eliminate two-thirds of the workforce—more than 1,100 jobs—at its engine plant in Bridgend, U.K., by 2021 unless it can find new contracts for the facility. the Financial Times reports, citing a report Ford showed to workers.