Lured by the government's cash for clunkers campaign, car and truck buyers started returning to showrooms in July, with Ford Motor Co. reporting its first U.S. sales increase in nearly two years and other major automakers saying sales are showing signs of stability. ...more

August 4, 2009

In other economic news: •Retail sales slip again. The Commerce Department said retail sales dipped 1.1 percent in March. It was the biggest decline in three months and a much weaker showing than the 0.3 percent increase that analysts expected. A big drop in auto sales led the overall slump in demand. Auto sales in March were 23.5 percent below year-ago levels. Sales also plunged at clothing stores, appliance outlets and furniture stores. ...more

April 15, 2009

Ford Motor Co.'s U.S. sales fell nearly 41 percent in March, as low consumer confidence and job uncertainty continued to keep buyers away from showrooms. ...more

April 1, 2009

The Obama administration plans to give General Motors Corp. enough government aid to restructure over the next 60 days, while Chrysler LLC will get up to $6 billion and 30 days to complete an alliance with Italian automaker Fiat SpA. ...more

March 29, 2009

DETROIT (AP) - The Obama administration is likely to demand deeper concessions from Chrysler LLC and General Motors Corp. in exchange for additional federal loans, a person briefed on the government's plan said Friday. ...more

March 29, 2009

The Obama administration was finishing work on a plan to give more financial aid to two Detroit automakers in return for tough cost-cutting measures that will ensure the companies' survival. ...more

March 28, 2009

General Motors Corp.'s auditors have raised "substantial doubt" about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan. ...more

March 5, 2009

A Sebring man remained in jail Tuesday on a $16,750 bond following his weekend arrest for allegedly burglarizing a local business. ...more

February 19, 2009

A Sebring man remained in jail Tuesday on a $16,750 bond following his weekend arrest for allegedly burglarizing a local business. ...more

February 18, 2009

General Motors Corp. will offer buyouts to all of its hourly employees, a spokesman confirmed Tuesday, as the troubled automaker continues to slash costs. ...more

February 3, 2009