BMW, Daimler, GM subsidiary Adam Opel and the German unit of Ford to cut production, as the global financial crisis rattled one of Europe's key industries.
General Motors says it could consider selling its downtown Detroit headquarters as part of a way to raise cash, but plans to stay in the towering complex.
According to an official with the International Association of Machinists, the ongoing slump in the auto industry is forcing the layoffs at the Canadian company.
World's cheapest car will be built in Gujarat after weeks of violent farmer protests forced India's Tata Motors to shutter its $350 million Nano factory in West Bengal.
German automaker said sales for its Mercedes Benz brand fell 3 percent, although it booked a 4 percent gain in car sales for the first nine months of the year.
In morning trading, GM shares fell 58 cents, or 6.5 percent, to $8.42, the automaker's lowest share price since April 22, 1954.
Czech carmaker said Monday it plans to halt car production for one week later this month because of a fall in demand in Western Europe.
Chief Executive Alan Mulally says increased demand for small cars has led the automaker to revisit its decision not to bring the tiny European Ka model to the United States.
Automaker will roll out a new feature on many 2010 models that can let parents limit teen drivers to 80 mph using a computer chip in the key.
An Oregon shipyard decided it was time to tinker with the design of a cargo barge that hasn't changed much in the past half century.
In the past, lack of union activity in Alabama's auto industry has been a key selling point for the state when courting new business in the sector.
For auto dealers already suffering under the worst U.S. sales downturn in 15 years, the increasing cost of credit threatens to send more of them out of business.
Automakers and parts suppliers cut 18,200 jobs, as the companies continued to scale back production in light of the ongoing slump in new vehicle demand.
As the race to offer the first commercially viable electric car charges up, automakers displayed a slew of models at the Paris Motor Show on Friday.
German-owned automaker says it must temporarily lay off 1,250 employees at factories in northeastern Spain because of falling sales.
The $8.3 million expansion is expected to be completed by 2011 at Bendix Commercial Vehicle Systems’ northeastern Indiana plant, which employs 400.
Company will close its Warren County facility in Mississippi due to a continuing decline sales of the Nissan and GM vehicles for which it supplies parts.
Indian automaker will abandon plans to build its Nano, the world's cheapest car, in West Bengal and relocate elsewhere to end months of threats against the plant and its workers.
Oleg Deripaska, regarded as Russia's richest man, has been forced to sell a 20 percent stake in Canadian car parts maker Magna International Inc. to creditors.
Japanese automaker has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit crunch.
Automaker launching its new Chevrolet Traverse from its Spring Hill assembly plant, hoping the eight-passenger crossover will attract buyers who have shied from SUVs.
Sixty-five people are losing their jobs at the Pretty Products plant in Mount Pleasant, Tenn., which makes car floor mats.
Japanese automaker unveiled at Paris Auto Show the five-door Insight petrol-electric hatchback to challenge the success of rival Toyota.
Despite financial crisis, 6,000 people expressed interest in buying Ferrari's California, which retails for $247,000 in Europe, even before Ferrari opened its book for orders.