TOKYO—Toyota Motor Corp will change the way it pays factory workers, focusing on their performance rather than their seniority. Toyota’s new arrangement, designed to attract young talent, will apply to about 40,000 employees, or about 60 percent of its workforce.
DETROIT—A Ford Motor Co. executive said Friday that a “critical” goal for the company in this year’s contract negotiations with the UAW union is to “maintain a competitive environment.”
TROY, IL—As Caterpillar considers moving 230 jobs to Mexico from its manufacturing plant here, local leaders are trying to determine what can be done to keep the work in town.
GOTHENBURG, Sweden—Volvo Car Corp. is considering locating an assembly plant in the southern United States. The automaker is reportedly negotiating with Kentucky, North Carolina and South Carolina about incentives that could be offered for a plant.
ANNA, OH—Honda Motor Co. will invest $340 million to build fuel-efficient, gasoline engines here. The turbo-charged, four-cylinder gasoline engines are expected to debut later this year.
EVANSVILLE, IN—Systems integrator Evana Automation Specialists has received a contract to supply three automated assembly machines to a Tier 1 automotive supplier. The machines will produce electronic key fobs.
ALAMEDA, CA—Wrightspeed, a manufacturer of electric hybrid power trains for trucks, has relocated to a new assembly plant here. The factory is expected to employ more than 300 people by 2018.
SOUTHFIELD, MI—The automotive assembly line of the future will be more flexible, more capable of handling new materials, and make greater of the mobile technology, says Martin Kinsella, director of advanced materials and process technologies for systems integrator Comau Inc.
STANFORD, CA—Researchers at Stanford University have increased the efficiency of a low-grade silicon solar cell by applying relatively cheap crystalline material, perovskite, on top of it.
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