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Honda jet production to be trimmed  Feb 17th, 2009 
Bloomberg is reporting that Honda Motor Co. will scale back initial production of its new HondaJets at its facility near Piedmont Triad International Airport from earlier projected levels. The compan... 
 
 
2009 Mitsubishi Outlander RX special edition  Feb 17th, 2009 
Mitsubishi has released a special edition version of its Outlander SUV which boasts a raft of aesthetic, functional and safety-oriented extras. 
 
 
Engineering Firm GKN Axes Hundreds Of Jobs  Feb 17th, 2009 
Manufacturing giant GKN is axing nearly 600 jobs and closing three factories in the Midlands and Burnley. Around 470 jobs will go at automotive plants in the Midlands and a further 90 at aerospace s... 
 
 
Nissan Seeking Loans From EIB To Fund R&D  Feb 17th, 2009 
(7201.FR) is seeking low-cost financing from the European Investment Bank to fund its research and development projects, a senior executive of the Japanese carmaker said Tuesday. 
 
 
Inflation Level Falls Less Than Expected  Feb 17th, 2009 
The UK's annual rate of inflation dropped in January to its lowest level since April last year. The key Consumer Prices Index (CPI) - the official measure of inflation - fell to 3% from 3.1% in Dece... 
 
 
Penske posts 4Q loss from weak demand  Feb 17th, 2009 
Penske Automotive Group Inc. posted a fourth-quarter and full-year loss today, as vehicle sales plunged and restructuring costs mounted at the auto retailer. 
 
 
The Future of the Automotive Fasteners Market Covered in a New Report  Feb 17th, 2009 
Automotive fasteners assume high significance owing to the increasingly complex nature of vehicular designs, which is expected to necessitate stronger, improved and durable fasteners. Technological ... 
 
 
Sears Imported Autos sues BMW  Feb 17th, 2009 
on Friday, alleging that the automaker failed to pay the dealer about $670,000 in rebates, according to the Star Tribune. Sears, which until last May sold both Mercedes-Benz and BMW vehicles at its M... 
 
 
GM to receive $4 billion in aid  Feb 17th, 2009 
General Motors is set to receive an additional $4 billion in aid from the US government as planned, ahead of the deadline to submit a new survival plan amid initial reports the company may have had to 
 
 
GM told to address bankruptcy; Ford designer named best  Feb 17th, 2009 
The best of today's automotive news, reviews and commentary -- as well as the cool and weird -- from Freep.com and other Web sites. Check back for updates throughout the morning. 
 
 
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