GENERAL MOTORS

Ford Motor Co Chief Executive Alan Mulally's total compensation fell 37 percent to $13.6 million last year and he received no bonus -- but he won't have to fly commercial.

Ford Motor Co Chief Executive Alan Mulally's total compensation fell 37.4 percent to $13.6 million in 2008 from the prior year as the automaker fought a downturn in auto sales, the company said on Tuesday.

Bondholders holding some $27 billion of General Motors Corp debt on Sunday sent a letter raising urgent concerns about GM's stalled debt restructuring talks to the White House task force overseeing federal funding for the automaker's turnaround effort.

Bondholders holding some $27 billion of General Motors Corp debt on Sunday sent a letter to the White House task force overseeing the bailout of the auto industry, to register concern with the lack of progress in GM's debt restructuring talks.

Deep in the last stronghold of the struggling U.S. auto industry, Rosario Criscuolo says he owes the survival of his business to Toyota Motor Corp .

Advisers representing General Motors Corp bondholders on Friday issued an appeal to the automaker and U.S. officials to break an impasse in a crucial round of debt restructuring talks.

Advisers representing General Motors Corp bondholders on Friday issued an appeal to the automaker and U.S. officials to break an impasse in a crucial round of debt restructuring talks.

Government aid requests from General Motors Corp and Chrysler may rise considerably, a top adviser to President Barack Obama's auto task force said in a Bloomberg Television interview.

The Obama administration pledged up to $5 billion on Thursday to aid stressed auto suppliers crucial to the survival of U.S. car manufacturers.

Luxury carmaker BMW said on Wednesday it intended to stay independent despite the decline in vehicle demand, as Ford Motor Co became the second carmaker to offer securities backed by auto loans to take advantage of a U.S. program aimed at thawing consumer credit for new vehicles.

German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said on Wednesday.

German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said on Wednesday.

A healthcare agreement struck between Ford Motor Co and the United Auto Workers would not work for General Motors Corp , GM's chief executive said on Tuesday.

Advisers to bondholders of General Motors Corp said on Monday they have presented a framework plan to President Barack Obama's autos task force and the ailing No. 1 U.S. automaker that provides the company's best chance for an out-of-court restructuring.

Chrysler LLC's proposed deal with Fiat SpA is worth up to $10 billion for the cash-strapped U.S. automaker and could preserve 5,000 North American manufacturing jobs, Chief Executive Bob Nardelli said on Monday.

China's Geely Automobile Holdings, considered a potential buyer of assets from struggling global auto giants, said foreign acquisitions would allow it to secure technology and new markets but it remains cautious about possible deals.

Ford Motor Co has granted Chief Executive Alan Mulally options to buy 5 million shares in the automaker under a long-term incentive plan, it said in a U.S. regulatory filing on Friday.

American Axle & Manufacturing Holdings Inc's auditors have said the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler .

General Motors Corp has told U.S. officials that it can survive without $2 billion in additional aid that it had requested to get through March, the automaker said on Thursday.

General Motors Corp has told U.S. officials that it can survive through March without the additional $2 billion in emergency aid that it first requested, the automaker said on Thursday.

The economic crisis threatening to topple global automakers rocked two of Europe's biggest on Thursday as BMW posted a surprise fourth-quarter operating loss and Volkswagen warned of worse ahead.