Fitch Ratings on Wednesday downgraded Toyota Motor Corp. by two notches, warning that in the current slump even the strongest carmaker no longer deserved...

Volkswagen, the biggest European carmaker, might close its main plant in northern Wolfsburg for three weeks during the year-end holidays owing to weaker demand,...

A group of auto dealers, suppliers and union workers are planning to drive a caravan of fuel-efficient, American-brand vehicles to Washington to press lawmakers...

Mitsubishi Motors Corp. will join other major Japanese carmakers in making further cuts to production and jobs to cope with the global economic downturn,...

Members of General Motors' board of directors are willing to consider "all options" for the ailing auto maker, including filing for bankruptcy protection, The...

General Motors is dropping two of its five corporate jets but has no plans to fly its senior executives commercially despite sharp criticism of...

Fears of more mass job cuts from the global economic crisis grew Friday as India warned half a million could be lost in its...

The White House assailed Congress for putting off a vote on whether to bail out the struggling auto industry, blasting Democrats for their "mindless...

Japan's central bank warned Friday Asia's biggest economy may worsen, but it dampened hopes of further interest rate cuts to ease the recession, which...

Democrats in Congress put off a vote on a bailout for crisis-hit "Big Three" auto makers until at least December, and ordered industry chiefs...