Britain's retailers suffered their worst December in at least 14 years, as like-for-like retail sales slumped 3.3 percent from the previous year.
France's largest automaker sold 3.26 million vehicles last year, down 4.9 percent from 3.43 million in 2007.
Both plane makers face production challenges in getting their delayed flagship jets to airline customers who are eager to put newer, less fuel-hungry jets into service.
Global manufacturer of electronic packaging products announced Monday that it had acquired ACT/Technico of Warminster, Penn.
Mexico's auto industry association says production rose 4 percent in 2008 as a rise in exports to Canada, Europe and other Latin American countries helped offset plummeting U.S. sales.
Volkswagen AG said it plans to build hybrid and diesel versions of a future successor to the Jetta sedan, an unnamed midsize sedan and two other vehicles under development.
Plane maker said work force reductions will be implemented across the Wichita-based company's facilities and affect all pay categories.
Highly anticipated 2010 Prius unveiled at the North American International Auto Show gets an average of 50 miles to the gallon -- a 4 mpg improvement over the current model.
Michael Campbell, president and CEO of Arch Chemicals, became chairman of the Board of Directors of the National Association of Manufacturers on January 1, 2009.
CEO of Volkswagen's planned assembly plant in Chattanooga said the $1 billion project is on schedule and 2011 remains the target for the start of production.
Lithium-ion battery cells will be made in Korea, but they will be assembled into battery modules and packs at a factory in Michigan.
Anticipating hundreds of thousands of job losses, Prime Minister offered employers new incentives to hire and pledged new funds to train those who lose their posts.
General Electric subsidiary and A-Power Energy Generation Systems Ltd. sign two letters of intent: one for a supply deal and a second for a joint venture partnership.
Country's economic health is 'very weak' and is likely to stay that way at least through the first six months of this year, a Federal Reserve official said Monday.
Automakers looking to make the jump to the U.S. market face a global financial crisis that has slowed growth and sapped the potential for partnerships to ease their expansion.
General Motors’ COO said Monday that the automaker presented a worst-case scenario to Congress in which it would need more money than the $13.4 billion allocated.
Laux takes over immediately for Chuck Bub who announced in November that he would be retiring after more than 5 years as company president.
Automaker planning to put a fully electric car in showrooms by 2011 that will get up to 100 miles on a single charge as part of a plan to bring more hybrids and electric cars to market.
Chief executive of Rio Tinto Alcan Dick Evans will retire on April 20 after the company's annual general meetings.
Danish drugmaker Santaris Pharma and Wyeth Pharmaceuticals said Monday they have entered a multimillion dollar agreement to develop new medicines.