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Following an investigation, the Competition Bureau, a Japanese supplier of components for motor vehicles was sentenced Thursday a record fine of $ 30 million by the Superior Court of Ontario, for his participation in a conspiracy to rig offers. The company Yazaki has pleaded guilty to bid-rigging under the Competition Act, by reason of its participation in a cartel with other international
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The automaker General Motors says it needs a loan from the U.S. government for $ 12 billion (€ 9.4 billion) by March, Tuesday to Congress by presenting the outline of a plan restructuring. General Motors stated seek to get up to $ 18 billion to the U.S. government: $ 12 billion in the form of loans, including $ 4 billion before the end of December, and a line of credit separee 6 billion dollars
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Toyota invests in Tesla Quite recently, manufacturers Toyota and Tesla had announced they would work together to design and produce electric vehicles. Lo and behold, Tesla Motors, a small California company specializing in electric cars, we learn that she has just appropriate the NUMMI plant. A factory in March, saw off its assembly lines the last car to be produced out there, a Toyota Corolla.
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Confirmation of the production of the next generation of engines compact block factory Powertrain St. Catharines o Investment of $ 235 million that will create 400 jobs. o The plant will manufacture the next generation of energy-efficient compact engine block. GM Canada today announced an investment of 235 million engine plant in St. Catharines for the construction of the next
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