In a story that's getting older and more tiresome by the weekend, bad weather again forced NASCAR officials to scrub qualifying and use owner points to set the grid for Sunday afternoon's Pep Boys Sprint Cup 500 at Atlanta Motor Speedway.
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Nissan North America will give its U.S. factory workers an extra month to reconsider whether they really want to take the automaker's rich buy-out plan.
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Michigan dealership group Serra Automotive Inc. has entered bids to buy Bill Heard Enterprises Inc.'s two Chevrolet dealerships in Las Vegas. But the bids are just that -- bids.
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Starting Monday, the Federal Reserve is prepared to help financial institutions and big companies raise money for daily operations by funding purchases of short-term notes called commercial paper.
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An emergency OPEC meeting today reached swift agreement to chop production by 1.5 million barrels per day (bpd) in an effort to halt a deep oil price slide. International benchmark U.S.
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General Motors has re-launched an incentive program allowing U.S. employees to give their vehicle discounts to other people, Bloomberg News reported yesterday.
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General Motors today said it would delay the unveiling of a new Buick LaCrosse model that it had planned to show at the Los Angeles auto show in November in part to reduce costs.
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Chrysler LLC said today it has received multiple bids on its Viper sports car business and is reviewing the offers.
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Brand new images of Pagani's Zonda R.
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UAW President Ron Gettelfinger today called for additional federal assistance to help the beleaguered U.S. auto industry.
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Suppliers in Mexico will see their sales fall "more than 5 percent" this year from last year's $28.7 billion, a senior industry official predicts.
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Coupé will be joined by a four-door model
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US new vehicle sales this month are expected to fall 28.9% year on year to 872,000 units, a a 9.4% decrease from September 2008, according to analysts at Edmunds.com.
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A slow down in the demand for commercial vehicles has prompted Tata Motors to trim its workforce and cut production, according to local reports.
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Chrysler chairman and CEO Bob Nardelli on Friday told employees by letter the automaker would cut additional salaried and supplemental workers beginning next month.
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Noble and Green join forces in 1,000mph world land speed record attempt.
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There will be significantly fewer car retailers operating in the UK in the years to come, as a result of vehicle manufacturers tightening control over dealership standards, according to analysts PricewaterhouseCoopers.
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General Motors has intensified talks to buy Chrysler LLC's auto operations from Cerberus Capital Management LP in a deal that would also involve a transfer of ownership of GMAC, people familiar with the talks said today.
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Chrysler LLC said today it plans to cut 25 percent of its salaried work force beginning next month. A statement sent to employees today did not specify how many jobs were being cut.
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Chrysler LLC plans to cut its salaried workforce by 25 percent starting next month, the company said today.
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