TOKYO-A number of high-profile executive defections underline a new danger looming for the Japanese automaker-the lure of U.S. companies wooing the best in its ranks. MORE
AUBURN HILLS, MI-Chrysler has announced that in the coming months it will lay off between 8,500-10,000 hourly workers and 1,000 salaried and temporary employees. MORE
LIMAVADY, Northern Ireland-Despite receiving tens of millions of dollars in government support, computer components supplier Seagate Technologies has decided to layoff more than 900 Irish employees as its shifts production to Asia. MORE
SEATTLE-Former 787 chief Mike Bair says the Dreamliner’s current production problems are largely the result of a supply chain that is either unable or “unwilling” to deliver on its promises. MORE
HEFEI, China-Automotive-supplier Continental AG plans to invest $216 million to build a new tire factory in China. The plant will be Continental AG’s first in the country. MORE
SHANGHAI-China's automakers are just beginning to target markets in Europe and North America with products of their own. But, policy makers in Beijing are already bracing for a backlash-applying the lessons learned by the Japanese and other Chinese companies in areas like the toy industry. MORE
CHICAGO-Boeing subcontractor Alenia Aeronautica has stopped shipping fuselage sections for the trouble 787 Dreamliner. The company says it will resume shipping the large subassemblies, which represent 14 percent of the 787’s total structure, as soon as it receives a new production schedule from Boeing, which recently announced a six-month delay in the program. MORE