Caterpillar 3406 Bridge Valve 3487743 on 2040-parts.com

GM seeks $16 billion more in U.S. help

GM asked the federal government on Tuesday for as much as $16.6 billion in additional federal aid to help it survive. Without the new funding, the automaker could run out of money sometime in March. Under the plan submitted to the U.S.

Design Contest: Michelin Challenge Design announces 2007 theme and call for entries

At the 2006 North American International Auto Show, Michelin Challenge Design announced its theme for the 2007 Challenge. Michelin Challenge Design will ask entrants to explore the future of transportation design using safety as the focus and inspiration. "Road Safety for Everyone" is the official theme in what has become one of the industy's fastest-growing design forums.

Mercedes-Benz to cut production time, halve number of vehicle architectures

Mercedes-Benz is restructuring its global production network to cut the average production time for its models to 30 hours by 2015 from 43 in 2008. "We have increased productivity by 2 percent a year over the last few years. We will be accelerating our productivity efforts," Mercedes production boss Wolfgang Bernhard said during an investor conference that was part of the automaker's plant opening in Kecskemet, Hungary, on Thursday.