US auto sales slam on brakes in July
US auto sales braked hard in July, automakers said Friday, as consumers avoided big-ticket spending in the face of rising unemployment, falling home prices...
Mercedes May Cancel Hybrid SUV Plan Due To Chevron Dispute
Mercedes-Benz may be forced to cancel plans to produce its first hybrid sport utility vehicle for the U.S. market because oil giant Chevron and...
GM announces further production cuts
General Motors Corp. announced another round of production cuts Monday affecting its gasoline-guzzling truck and sport utility vehicle (SUV) production lines. The troubled US automaker...
Toyota cuts global vehicle sales forecast
Toyota Motor Corp., in a close race with General Motors for the title of the world's top automaker, on Monday lowered its global sales...
GM to build Saab cars in US, retain nameplate
General Motors will begin building Saab vehicles in the United States rather than put its Swedish subsidiary up for sale, GM chairman and chief...
GM says US-made Buicks ready to roll to China
General Motors said Friday it was preparing to begin exports of the US-made Buick Enclave luxury crossover utility vehicle to China as early as...
Ford posts worst loss, puts turnaround plan into overdrive
Ford Motor Co. announced plans to accelerate its vast restructuring plan Thursday after the sputtering auto giant posted its worst quarterly loss in history. The...
Renault to cut 5,000 jobs as it prepares for downturn
French giant automaker Renault said on Thursday it will cut about 5,000 jobs in Europe among measures to reduce costs by 10 percent as...
Chrysler to cut 1,000 white-collar jobs
US automaker Chrysler LLC said Wednesday it plans to eliminate an additional 1,000 white-collar jobs by the end of September, citing challenging US market...
GM global auto sales skid 5.0 percent
General Motors on Wednesday posted a five percent drop in global sales in the second quarter as a sharp drop in its home market...
