Chrysler extends buyout offer for production workers
Chrysler LLC said Monday it planned to offer a new round of buyouts to all its blue-collar workers as the struggling automaker braced for...
Auto suppliers want US government bailout
Auto suppliers are preparing to head to Washington to ask for government help in surviving a deep slump in car sales that has slashed...
Tesla shifts electric sedan site to win US government loan
Tesla has scrapped plans to build an electric car plant in Silicon Valley, saying Friday that it will opt for an abandoned factory elsewhere...
Toyota to revise down profit forecast further
The world's biggest automaker Toyota Motor Corp. is to revise its annual earnings forecast dramatically down, just a month after it lowered earnings expectations...
Ford loses $5.9 billion
Ford Motor Co. announced Thursday a quarterly loss of 5.9 billion...
Volkswagen sales down 15% in January
Sales at Europe's leading auto maker Volkswagen fell by 15 percent in January as the worldwide slump in the car industry showed no sign...
Italy to unveil auto crisis measures 'within 10 days'
The Italian government will set out measures to help the struggling auto industry "within 10 days," a top minister said Wednesday following government talks...
GM received second portion of 9.4 billion loan
General Motors has received the second portion of a 9.4 billion dollar government loan, the Treasury department said in a document posted on its...
Britain unveils 2.3-billion-pound plan for ailing automakers
Britain on Tuesday unveiled a 2.3-billion-pound (2.5-billion-euro, 3.2-billion-dollar) support package for its ailing auto industry, hit hard by the global economic slowdown. But Business Secretary...
GM must present better action plan for Saab
US carmaker General Motors must present more credible plans for its Swedish unit Saab if it wants state credit guarantees from the Scandinavian country,...
