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Thursday, August 30, 2012

DAILY: Ford accused of violating fuel-injection patent in F-150 | Musk eyes holding company for Tesla | GM's Borroni-Bird bolts for Qualcomm | DuPont unloads car paint unit

DAILY NEWSLETTER August 30, 2012
 
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Ford accused of infringing on fuel-injection patent in F-150
image Ford was accused in a lawsuit of infringing a 2008 patent covering a fuel-injection system in its F-150 trucks. ... >> story  Published: Aug 30 12:46 pm U.S. Eastern time
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DuPont to sell car paint unit to Carlyle for $4.9 billion
image Chemical giant DuPont is selling its slow-growing car paint business to private equity firm Carlyle Group LP for $4.9 billion in cash as it focuses on advanced materials and biotechnology. ... >> story  Published: Aug 30 8:42 am U.S. Eastern time / UPDATED: 8/30/12 1:45 pm ET - with management comments

Hyundai Motor, union seal tentative wage deal
imageHyundai Motor has reached a tentative wage deal with its South Korean labor union leaders, which if approved by members, would allow the carmaker to avert further production losses that have threatened to slow its sales growth. ... >> story  Published: Aug 29 10:22 pm U.S. Eastern time / UPDATED: 8/30/12 9:32 am ET - new story
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