19,000 GM workers accept buyouts
General Motors said Thursday about 19,000 of its US hourly employees accepted buyouts as part of an attrition program, with most leaving the company...
Ford workers face involuntary layoffs
Ford Motor Co. said Wednesday it is planning to make further white collar job cuts in the United States in the face of declining...
Sanyo says to team up with VW in hybrid batteries
German automaker Volkswagen AG will team up with Japan's Sanyo Electric to develop a lithium-ion battery for next-generation hybrid vehicles, the Japanese company announced...
GM slow to resume production after supplier strike
It will be another week before General Motors Corp. gets all its plants back online in the wake of a crippling supplier strike that...
Porsche contests results of VW general assembly
German luxury sportscar maker Porsche and the German state of Lower Saxony pursued legal skirmishes on Tuesday aimed at wresting control of the biggest...
Autoliv to make Nano's air bag for $10
Tata Motors has asked the automotive safety component maker Autoliv IFB India to develop a $10 air bag for its small car Nano. This...
Toyota, Hino to help develop road-rail vehicle
Japan's Toyota Motor Corp. and its truck-making affiliate have joined a project to develop an environmentally friendly vehicle capable of moving both on roads...
Toyota to launch credit card in fall
In an era of shrinking credit, Toyota Financial Services is jumping into the consumer credit market with a Toyota-branded credit card. The card will let...
Ford to remain neutral on Kerkorian offer
Ford Motor Co. said today that its board of directors won't take a stance on billionaire investor Kirk Kerkorian's offer to buy just under...
Ford cuts truck, SUV production, lowers profit outlook
Ford Motor Company on Thursday said it is cutting production of large trucks and sport utility vehicles (SUVs) as higher pump prices lead consumers...
