CHRYSLER

Chrysler is in talks to take back a Sterling Heights, Michigan, assembly plant that it had abandoned in bankruptcy, a move that could save about 1,200 jobs once expected to be eliminated by the end of 2010.

General Motors Co Chairman Ed Whitacre said on Monday he would stay on as chief executive indefinitely, ending an eight-week search for his successor in a move intended to bring stability to the automaker's turnaround plans.

General Motors Co acting Chief Executive Ed Whitacre will take that role on a permanent basis, a person familiar with the matter said on Monday.

Japan has changed its auto replacement incentive program to give U.S. cars more chance to qualify after the United States complained its automakers were shut out, the Japanese government said on Tuesday.

Chrysler Group LLC will recall 24,177 vehicles due to a potential defect in a brake system that could result in sudden brake failure, the automaker said in a filing with the National Highway Traffic Safety Administration.

Billionaire investor Wilbur Ross said on Wednesday that the U.S. economy is nowhere near a full recovery and forecast 2010 as a year of moderate growth for the nation's automotive industry sales.

Billionaire investor Wilbur Ross said on Wednesday that the U.S. economy is nowhere near a full recovery and forecast 2010 as a year of moderate growth for the nation's automotive industry sales.

U.S. automakers and officials at the Detroit auto show struck an optimistic yet cautious tone on Monday as they sought to put a toxic year of slumping sales and massive government aid behind.

U.S. auto executives and elected officials at the Detroit auto show on Monday sought to draw a curtain on a year of appalling sales and massively unpopular government aid.

Top automotive industry executives gathered at the media preview for the North American International Auto Show in Detroit, starting on Sunday.

U.S. automakers and officials at the Detroit auto show struck an optimistic yet cautious tone on Monday as they sought to put a toxic year of slumping sales and massive government aid behind.

Ford Motor Co swept the 2010 North American Car and Truck Awards at the Detroit auto show on Monday, marking only the third time in the 17-year history of the award that a single automaker has claimed both titles.

General Motors Co said on Thursday it will seek to sell its Nexteer Automotive business -- the steering unit the U.S. automaker took back from former parts subsidiary Delphi Corp last year.

Ford Motor Co posted a 33 percent sales gain for December as U.S. auto sales ended 2009 on an upswing after a tumultuous year that saw GM and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.

(Corrects to show gain in Honda sales was nearly 25 percent, not 20 percent, in paragraph 6)

Ford Motor Co posted a 33 percent sales gain for December as U.S. auto sales ended 2009 on an upswing after a tumultuous year that saw GM and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.

U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.

U.S. pay czar Kenneth Feinberg on Wednesday approved compensation plans for several executives and top-paid employees at three firms that have received taxpayer aid.

Fiat may offer to raise car production in Italy 50 percent when it holds preliminary talks with the government on Tuesday, in return for tax breaks on some car sales and possible help in reducing labour costs.

Ford Motor Co said on Monday it is offering its 41,000 U.S. factory workers buyouts and early retirement offers in a bid to reduce its payroll costs as it aims to return to profit by 2011.

A push by U.S. automakers to build more fuel efficient vehicles is playing to a strength of Canada's auto parts makers and positions them to pick up market share as the industry emerges from recession.