Ohio auto supplier opens plant in MexicoTOLEDO, OHIO Automotive parts manufacturer Dana Holding Corp. has opened a plant in Mexico to produce molded rubber gaskets and other components for the U.S. and Mexican markets
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For now, with parts supplies remaining scarce and production cuts spreading, many dealers are nearly out of new vehicles. On a recent visit to the "Central Avenue Strip" in suburban Toledo, Ohio, a road chock-full of dealerships, few new vehicles could be found on the lots. Some dealers...
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The article reports that David Tepper's Appaloosa Management hedge fund may seek new investors in order to help the firm with its investments with two auto industry parts suppliers. Appaloosa has invested in Delphi, of Troy, Michigan and in Dana, of Toledo, Ohio. Hedge funds do not generally...
of its 146,000 members, the unionopted to target three factories; a plan that could make the union's $825 million strike fund last longer. Workers walked out of a GM plant in Wentzville, Missouri, a Ford plant near Detroit, and a Stellantis factory in Toledo, Ohio, that produces Jeeps...