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Oliva, Chrysler Canada's Labour Relations representative, shakes hands with Kennedy, CAW national secretary treasurer, while CAW representatives prepare to discuss contract negotiations with Chrysler Canada representatives, in Toronto

CAW And Detroit Three Reach Tentative Agreement

The Canadian Auto Workers (CAW) reached an agreement with Chrysler Group LLC, Thursday. The agreement mirrored prior agreements with Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM).
Ford Motor Co.'s Emblem

Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.
Cars on display

Low R&D Spend Threatens Auto Part Makers' Ambitions

From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.

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