House Speaker Nancy Pelosi said Saturday the House would provide aid to the ailing U.S. auto industry, requiring that the industry meet new fuel-efficiency standards, produce advanced vehicles and restructure "to ensure their long-term economic viability." ...more

November 16, 2008

A federal welfare package for the U.S. auto industry's Little Three is inevitable. ...more

November 15, 2008

WASHINGTON (AP) - The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own. ...more

November 9, 2008

The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own. ...more

November 8, 2008

The stock market is deflating. Foreclosures, layoffs and bankruptcies are piling up. So now is a perfect time to start selling $350,000 sports cars in Tampa Bay, right? ...more

October 25, 2008

The stock market is deflating. Foreclosures, layoffs and bankruptcies are piling up. So now is a perfect time to start selling $350,000 sports cars in Tampa Bay, right? ...more

October 24, 2008

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

Shares of Toyota Motor Corp. plunged Wednesday following a major business daily report that Toyota's operating profit would fall 40 percent this fiscal year through March. ...more

October 9, 2008

Chrysler LLC said Tuesday it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors Corp. in the race to put a mass-produced electric vehicle on America's roads. ...more

September 24, 2008

General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles. ...more

September 17, 2008