Possible move by GM to export cars built in China to its home U.S. market could be just as important to the local industry's own global ambitions as it is for General Motors' survival.
Mack Trucks signed an agreement with UAW to create independent trust for health care of retirees; parent company Volvo will fund trust with $525 million.
Revamped Prius rolled out on Monday, with 80,000 advance orders in Japan for the remodeled hybrid amid intensifying competition with Honda's rival offering, the Insight.
Volkswagen's CEO said the automaker 'will not be pushed' to hurry talks over a possible merger with majority shareholder Porsche AG.
With just hours to go before a midnight deadline, head of the Canadian Auto Workers says union is not close to a new labor agreement with GM Canada.
Survey by Grant Thornton showed 71 percent of chief financial officers plan on cutting costs by not giving out raises, and 47 percent expect to see job cuts.
After being accused of botching a $35 billion contract for refueling airplanes, Air Force is revamping its weapons buying methods.
Chrysler court filing indicates about $64 million owed to supplier Magna International would be honored by automaker's successor after bankruptcy restructuring.
Stuttgart-based Daimler AG's chief financial officer said that ongoing market volatility means automaker can't rule out a full-year loss, according to published report.
Official says temporary takeover of Cargill's plant was ordered because the U.S. food giant broke regulations on food items subject to government price controls.
German industrial conglomerate investing $50 million in Charlotte, N.C., operations to increase energy division's offerings of climate protecting technology for power plants.
GM told about 1,100 U.S. dealers on Friday that their franchise agreements will not be renewed; cuts come a day after Chrysler slashed nearly 800 dealers.
By John Bauschka, Sr. Director -- Business Development, ATC Logistics & ElectronicsAdopting innovative kitting & packaging is especially crucial as the economy tightens, retailers seek to minimize their inventory levels and consumers become increasingly selective in their purchases.
Fed Reserve says nation's industrial production fell 0.5 percent in April, the smallest amount in six months, evidence the pace of the economy's decline is slowing.
Russia's economy shrank a staggering 23.2 percent in the first three months of the year compared with the previous quarter, government figures showed.
Statistics Canada reports manufacturing sales fell 2.7 percent to $41.4 billion in March, reversing February's gain.
About 100 workers of the Ford Motor Co. assembly plant protested the introduction of a four-day working week amid the slumping demand for cars.
Dealers for GM’s Opel unit hope to help save the European automaker and secure a minority stake by investing up to $680 million, their association said Friday.
Tens of thousands of workers protested close to European Union headquarters Friday to demand more action to protect their jobs during the economic downturn.
Americans should brace for a slow recovery back to health after the recession ends, with unemployment likely to hit the double-digits, Fed Reserve official said Friday.