Auto parts company closing Pa. plant, idling 70
An auto parts supplier has announced that it will close an eastern Pennsylvania plant by the end of the year, leaving 70 employees without jobs.

Sorl Auto Parts buys Chinese company assets
Sorl Auto Parts Inc. said Wednesday that it has bought the assets of a Chinese air brake manufacturer for $25 million. Vehicles - Parts and Accessories - Shopping - Business - SORL Auto Parts

Auto parts company closing Boyertown plant, idling 70
BOYERTOWN, Pa. (AP) ? An auto parts supplier has announced that it will close a Berks County plant by the end of the year, leaving 70 employees without jobs.

Sorl Auto Parts buys Chinese company assets
Sorl Auto Parts Inc. said Wednesday that it has bought the assets of a Chinese air brake manufacturer for $25 million. Sorl acquired the hydraulic brake, power steering and automotive electrical operations of the Ruili Group Co. Half of the cash deal was paid... List of auto parts - Automotive industry - Power steering - Railway air brake - SORL Auto Parts

Sorl Auto Parts buys Chinese company assets
Sorl Auto Parts Inc. said Wednesday that it has bought the assets of a Chinese air brake manufacturer for $25 million.

Used Auto Parts dealers to flush-out fraudsters
Accra, Sept. 02, GNA - The Association of Used Auto Parts Dealers (ASUAPAD) on Thursday resolved to expose and flush-out fraudsters operating in the industry.

Sogefi Signs Components Joint Venture Accord With Imperial Auto in India
Sogefi SpA, the car-parts maker controlled by financier Carlo De Benedetti signed a joint venture agreement with India?s Imperial Auto to produce car parts for the Indian market, according to a statement distributed by the Italian exchange.

Motorcar Parts invests $1.9M in Canadian auto parts company
Motorcar Parts of America Inc., the Torrance-based remanufacturer of alternators and starters for cars and trucks, invested $1.9 million in Fenwick Automotive Products Limited, with an option to acquire "substantial ownership" of the company Toronto company.

Continental needs over e7b to cover debts
FRANKFURT: Indebted German auto parts supplier Continental AG plans to issue a second junk bond to help refinance more than e7 billion (e1 = RM4.01) in outstanding bank debt maturing in 2012.

US auto sales post weakest August since 1983
US auto sales post weakest August since 1983

Audit leads to manager who stole from store, say police
PORTSMOUTH ? An auto parts store manager is charged with a felony alleging he cooked the books to show returns of defective tires in order to steal almost $2,000 in cash.

Auto racing results
NAPA AUTO PARTS 200 RESULTS (Yesterday at Montreal , Canada) (Starting pos.), Make Laps 1. (5) Boris Said, Ford-------------------------77 2. (9) Max Papis , Chevy-------------------------77 3. (2) J. Villeneuve, Toyota-------------------------77 4. (8) Brad Keselowski , Dodge-------------------------77 5. (7) Paul Menard , Ford-------------------------77 6. (3) Joey Logano , Toyota ...

Continental Raises $1.3 Billion From First European Junk Bond in a Month
Continental AG , Europe?s second- largest auto parts supplier, raised 1 billion euros ($1.3 billion) in the region?s first high-yield note issue in a month.

Auto headlines: Bourns consolidates in Auburn Hills
Bourns announced Tuesday that it has consolidated its North American Automotive Division sales and technical support in Auburn Hills. The new 25,000-plus-square-foot facility includes prototype and testing labs; 50 people work there, according to corporate officials.

Visteon can exit Chapter 11
WILMINGTON, Del. -- A federal judge confirmed auto parts supplier Visteon's reorganization plan Tuesday, clearing the way for it to emerge from bankruptcy.

Judge OKs Visteon exit plan from bankruptcy
WILMINGTON, Del. - A federal judge has confirmed auto parts supplier Visteon's reorganization plan, clearing the way for the company's emergence from bankruptcy.

Continental to Raise $960 Million from First European Junk Bond in a Month
Continental AG , Europe?s second- largest auto parts supplier, will sell at least 750 million euros ($962 million) of bonds in the region?s first junk issue in a month.

Auto parts sector seen at $110 bln in 2020: Industry body
Auto parts sector seen at $110 bln in 2020: Industry bodyAuto parts sector seen at $110 bln in 2020: Industry body

Auto sales post weakest August since 1983
DETROIT (Reuters) - Automakers posted their weakest U.S. August sales in 27 years, underscoring uncertainty about the strength of the recovery in the world's largest economy.

Continental cap hike causes Schaeffler H1 net loss
MUNICH, Sep 1 (Reuters) Auto parts supplier Schaeffler pledged to lower its sky-high debt that threatens a merger with Continental AG after posting first-half results battered by writedowns on the value of its Continental stake.