Auto parts executive James McElya said the bankruptcy of a major automaker would cause a chain reaction that would reach from suppliers down to the neighborhood diner, the barber and even the schools.
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The failure of General Motors also would kill Ford Motor Co., the UAW's lead Ford officer said today. "Ford can't survive if General Motors goes down," said Bob King, the UAW vice president in charge of the union's Ford Department.
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The economic crisis continues to wreak havoc on the auto industry's advertising spending, a Nielsen Monitor-Plus report reveals. The Detroit 3 all posted negative advertising growth in the first half of this year compared with 2007.
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The economic crisis continues to wreak havoc on the auto industry's advertising spending, a Nielsen Monitor-Plus report reveals.
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Honda Motor Co. will shave another 18,000 units from its North American production plan by the end of its fiscal year on March 31.The cuts will come from assembly plants in Lincoln, Ala., and East Liberty and Marysville, Ohio.
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North American auto manufacturers and suppliers ordered 36 percent fewer robots through the first nine months of 2008 than during the same period last year, according to figures released this week by the Robotic Industries Association.
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Volkswagen AG has scouted sites in Mexico for a possible engine plant.
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Debuting in next year's Insight Honda's clean machine is set to get a host of efficiency improving gadgets too.
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Democratic leaders of Congress today blocked action on legislation that would provide $25 billion in emergency federal loans to the Detroit 3. Instead, the leaders directed General Motors, Ford Motor Co.
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Democratic leaders of Congress today rejected a proposed bipartisan compromise that would have provided $25 billion in emergency federal aid to the Detroit 3. Sens.
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Key members of the U.S. Senate have reached a bipartisan deal to fund a rescue package for the Detroit 3, according to a spokesman for U.S. Sen. Carl Levin.
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Auto Express's team of journalists and photographers is on site at this year's LA Motor Show with all the latest news from the stands.
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Boxster and Cayman get upgraded looks and engines. See the first pics.
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Lambo's fastest ever Gallardo blows its top - and we have the first pictures.
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These grainy images surfaced on a Chinese website just long enough for us to grab them and produce our illustrations.
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VW said on Thursday it is reviewing group-wide investments and expenditure due to the crisis in international car markets. The company's comment came ahead of a supervisory board meeting on Friday to set its annual rolling investment budgets.
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Just a few years ago, Carlos Ghosn was an avowed electric-vehicle skeptic. Now the CEO of both Nissan Motor Co. and Renault SA is one of its boldest promoters. Ghosn wants 10 percent of the world's annual vehicle sales to be electric cars by 2020.
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Just a few years ago, Carlos Ghosn was an avowed electric-vehicle skeptic. Now the CEO of both Nissan Motor Co. and Renault SA is one of its boldest promoters. Ghosn wants 10 percent of the world's annual vehicle sales to be electric cars by 2020.
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Just a few years ago, Carlos Ghosn was an avowed electric-vehicle skeptic. Now the CEO of both Nissan Motor Co. and Renault SA is one of its boldest promoters. Ghosn wants 10 percent of the world's annual vehicle sales to be electric cars by 2020.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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