The earthquake and tsunami that hit Japan last week could have a detrimental affect on Japan’s economy.
Ford is lowering its stake in Mazda. The Dearborn-based automaker announcing Thursday that it will reduce its ownership of Mazda to 3.5 percent, down from 11 percent.
Mazda is recalling 215,000 Mazda3 and Mazda5 vehicles to fix problems with the power-steering system that could lead to a crash.
Livonia-based TRW Automotive Holdings Corp. (NYSE: TRW) Tuesday announced it will start production of electric power steering from its plant in Anting, China in support of the company’s expanding Asia Pacific customer base. TRW said […]