Toyota supplier to open plant for San Antonio Toyota site
Toyoda Gosei North America Corp says it will build a parts facility to support Toyota's new truck plant opening in San Antonio in 2006. The 18-supplier complex will employ about 1,500 workers with $150 million invested. The plant will produce 150,000 Tundra pickups annually and create 2,000 jobs overall. Texas officials highlight the project as a jobs boost.
MENTIONED IN THIS ARTICLE
San Antonio
Toyoda Gosei North America Corp
Toyota
U.S
Toyoda Gosei
Texas
GM to Cut Jobs Again in 2005
Detroit General Motors plans further U S workforce reductions in 2005 as part of ongoing cost cutting. Wagoner declined to specify targets, but cited a pattern of yearly payroll trimming since 2000. In Q3 2004 GM cut hourly workers about 6 percent to 112,000 from 119,000.
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Detroit
General Motors Corp
U.S
Rick Wagoner
Wagoner
Honda Ridgeline debuts in U S truck market
Honda Motor Co introduces the 2006 Ridgeline mid size pickup with a side opening tailgate a drainable bed trunk and a 3.5 liter V6 engine. It tows 5000 pounds and claims 21 mpg highway 16 mpg city with Ontario Canada manufacturing and an expected 50 000 sales this year. Also Chrysler chief executive Dieter Zetsche hears advice from Richard Petty and Kasey Kahne as Dodge revival is showcased at the auto show.
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Detroit Honda Motor Co
Dick Colliver
American Honda Motor Co
Ontario
Canada
Colliver
Honda
Nascar
Richard Petty
Chrysler
Dieter Zetsche
Petty
Zetsche
Kasey Kahne
Kahne
Crude tops $47 then retreats on cold weather fears
Oil briefly rose above 47 a barrel in Vienna as colder US forecasts and rough North Sea weather spurred worry over supply, with OPEC output risks looming. February futures peaked at 47.30 before easing to 45.25, heating oil near 1.2763 per gallon while Brent slid to 42.92. Investors grew wary of U.S. inventories and potential disruptions.
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Vienna
Austria
United States
North Sea
OPEC
Iraq
Saudi Arabia
New York Mercantile Exchange
Aaron Kildow
Prudential Securities
New York
National Weather Service
U.S
Kildow
International Petroleum Exchange
Esa Ramasamy
Platts
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