NEW YORK — Wall Street staged an astonishing comeback Friday, with the major indexes jumping more than 5 percent and the Dow Jones industrials surging nearly 500 points in a late afternoon rally,...
The industry group representing Canada's automobile dealers said Canadian politicians must take immediate steps to increase liquidity in the car markets.
Slammed by high steel prices and turmoil in the auto industry, Dana Holding Corp. said yesterday it will shut as many as 10 plants in the next two years and furlough 2,000 additional workers.
DETROIT - With their employers poised to announce billions more in losses today, it's worry time once again at General Motors Corp. and Ford Motor Co. factories across North America.
NEW YORK - In a ruling yesterday, a bankruptcy judge again refused to limit potential damages that the Appaloosa hedge fund may be forced to pay in a fraud lawsuit brought by auto supplier Delphi...
AUBURN HILLS, Mich. - Chrysler LLC said yesterday it has scrapped versions of three sedans and is adding more standard equipment on the remaining models.
DETROIT — House Speaker Nancy Pelosi will sit down Thursday with the leaders of Detroit's automakers and their workers as the industry seeks federal funding needed to survive a dramatic downturn.
