Suzuki Motor Corp accused Volkswagen of breaching a partnership pact by withholding hybrid technology it promised to share, pushing their two-year-old alliance to the brink of disintegration.
The deal negotiated by Chrysler and the United Auto Workers includes a boost in hourly wages, additional bonuses, and an agreement by the company to bring over 2,000 jobs to the United States.
Three years after the collapse of Lehman Brothers touched off a tidal wave of bankruptcy filings, corporate failures may be about to pick up again, with some big-name companies among those struggling for survival.
Three years after the collapse of Lehman Brothers touched off a tidal wave of bankruptcy filings, corporate failures may be about to pick up again, with some big-name companies among those struggling for survival.
The United Auto Workers union has summoned local officials representing some 26,000 Chrysler Group LLC workers to Detroit as contract talks with the No. 3 U.S. automaker near a turning point.
Canadian auto sales fell in September, extending a volatile year with Chrysler's strong performance the lone bright spot among the top manufacturers.
Gold rose 1.6 percent on Monday, its biggest one-day gain in a month, as bullion resumed its role as a haven from turmoil following its worst monthly loss since the financial crisis in 2008.
Electric carmaker Tesla Motors threw open its factory doors to customers who have preordered its forthcoming Model S sedan on Saturday evening.
General Electric Co (GE.N) may lease costly vehicle batteries to electric-car buyers, joining other companies looking to get more people to buy alternative-energy automobiles.
Ford Motor Co. on Thursday stuck to its target of adding 7,000 jobs in the U.S. over the next two years, saying it sees an economic expansion there and not a double-dip recession.
stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.9 to 1.2 percent.
The Obama administration will push back the release of the most ambitious proposal ever for automakers to improve fuel efficiency of their passenger cars, sport utility vehicles and pickups.
Workers represented by the United Auto Workers union approved a four-year labor contract with General Motors Co on Wednesday, the first such deal for the top U.S. automaker since its 2009 bankruptcy.
The United Auto Workers expect the pace of talks with Ford Motor Co to quicken now that the sides are tackling economic issues and union President Bob King is at the table, a union official said on Monday.
Analysts are widely expecting the device to deliver record-shattering sales numbers.
Stock index futures pointed to a slightly higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.23 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.07 percent at 3:06 a.m. ET.
The pact remains subject to approval by the union’s rank-and-file membership.
Might sales be disappointing, that is, somewhat less than stupendous? And in that event, could investors start to fret over Apple’s Jobs-less future?
Tech analysts and other experts are almost universally expecting the iPhone 5 to be a blockbuster.
The jobs cut is the single largest job reduction by a U.S. company this year, and the most since the U.S. Postal Service said last year it wanted to cut an additional 30,000 jobs.
Near the peak of General Motors Co's financial crisis, Opel workers laid a coffin at the feet of the brand's founder Adam Opel to mark what they considered the death of the brand.
We knew that moment terrorists attacked the U.S. on 9/11 and we all stopped, literally, in our tracks, watching the horror and grieving over the death of so many individuals and a freedom that had for so long seemed so easy.We knew then that America would never be the same. We didn't exactly know what that meant. But we knew it would never be the same, that we would never be the same. We tried to pick ourselves up, best we could, embossing our lives for a bit in the national colors of red...