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General Motors Corp. shares hit their lowest price since 1949 in the opening minutes of trading Friday as financial turmoil and a weakening global auto market heightened worries that the automaker may be unable to pull out of its nosedive before it runs out of cash. ...more
October 10, 2008
General Motors Corp.'s treasurer said Wednesday that the automaker is planning to put its Strasbourg, France, manufacturing operation and its Hummer truck brand up for sale and may announce more asset sales later this year. ...more
September 25, 2008
Volvo Cars said Friday it may have to cut 900 more jobs in Sweden in 2009 as the global car market continues to deteriorate. ...more
September 13, 2008
General Motors Corp. opened a second plant in India on Tuesday, boosting its production capacity in the country from 85,000 to 225,000 vehicles a year. ...more
September 3, 2008
A lot of things have to fall into place, but if all goes according to plan, top executives of General Motors Corp. are hoping the automaker will start making money again in 2010, Vice Chairman Bob Lutz said Thursday. ...more
August 30, 2008
Demand for Ford Motor Co.'s Focus and other small cars has been superheated since gas prices headed toward $4 a gallon in May, and since then, Ford hasn't been able to build the Focus quickly enough. ...more
August 27, 2008
As Ford Motor Co. faces perhaps the most difficult period in its 105-year history, the company is trying to boost employee confidence by showing them - and letting them drive - the vehicles it hopes will pull the storied automaker out of the financial basement. ...more
August 21, 2008
As Toyota, General Motors and other automakers race to bring rechargeable electric vehicles to showrooms, the man running much of Toyota's research says its approach is the least costly way to get great mileage and performance in the near term. ...more
August 15, 2008
After running Chrysler for a year, Cerberus Capital Management must be wondering if its mascot, the three-headed dog that guards the gates of hell, is protecting it from the underworld or leading it into the flames. ...more
August 6, 2008
General Motors, Ford, Toyota and other automakers said Friday that their U.S. sales fell by double-digits in July as they struggled to keep up with consumers' growing demand for smaller, more fuel-efficient vehicles. ...more
August 2, 2008
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