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Major automakers' U.S. sales continued their deep slump in February, putting the industry on track for its worst sales month in more than 27 years as huge rebates and low-interest financing failed to spur fearful consumers to make a major purchase. ...more
March 4, 2009
Even by the standards of battered automakers, Chrysler is in dire shape. ...more
January 8, 2009
Chrysler LLC could be sold in pieces to other companies as its majority shareholder Cerberus Capital Management LP seeks to exit the auto business, said a person briefed on discussions. ...more
October 23, 2008
The chief executive of Chrysler LLC said Monday that his company hasn't reached any new deals with other automakers but has spoken with outside parties interested in working with the Dodge and Jeep maker. ...more
October 14, 2008
Toyota is raising its prices for the Prius and Harrier hybrids in Japan in response to the soaring cost of steel and other raw materials - the first increase here without a model makeover in three decades. ...more
August 26, 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
Volkswagen picked Chattanooga over rival sites in two other states for a new U.S. assembly plant expected to create about 2,000 jobs. ...more
July 16, 2008
If Volkswagen AG decides to build its U.S. assembly plant in the South, the German company will join other foreign automakers that are increasingly turning the region into a hotbed of car manufacturing. ...more
July 9, 2008
Ford Motor Co., Toyota Motor Corp. and Nissan Motor Co. said June sales plunged as gasoline prices above $4 a gallon drove consumers away from fuel-thirsty trucks. ...more
July 2, 2008
Toyota Motor Corp. overtook Ford Motor Co. to become the No. 2 automaker by U.S. sales in 2007, using new products and relentless strategy to break Ford's 75-year lock on the position. ...more
January 4, 2008
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