Going back to college and a cottage on the lake may be on the agenda for the 60-year old now former employee -- but he says he won't be buying a foreign vehicle.
Automaker installing in test vehicles the lithium-ion batteries that will be used in the extended-range plug-in electric Chevrolet Volt when it launches in two years.
Government officials say Toyota received support only in government rebates for Prius buyers, but zero funding for developing the popular model.
South Korean automaker called on dealers in the United States to bolster sales after a mixed performance there during the first quarter.
Automaker is outsourcing some of its computer technology work, a move that will eliminate about 200 full-time salaried jobs.
Japanese automaker rejected a Business Week report that the government covered the development costs of the Prius battery and hybrid system.
Company says layoffs are the result of a United Auto Workers strike against American Axle that reduced demand for Tenneco products.
Auto supplier turned over confidential financial information to the union in a bid to speed negotiations aimed at ending a five-week strike over wages and benefits.
Automakers reported double-digit U.S. sales declines as demand for trucks and sport utility vehicles plummeted due to high gas prices, the housing slump and tightening credit.
Owner-Operator Independent Drivers Association says many of its members believe diesel prices at more than $4 a gallon is making it difficult for them to stay in business.
South Korea’s second-largest shipping company set up wholly owned overseas units in Russia and Dubai in a move to expand into the oil-rich countries.
Japanese automaker is establishing a North American research institute and plans to spend $100 million over the next four years on advanced research activity.
Federal judge approved Delphi's request to extend two deadlines with GM and the IRS as it tries to line up the financing it needs to exit from bankruptcy.
Plant will make small work trucks for GM's joint venture with Chinese automakers Wuling and Shanghai Automotive Industry Corp.
General Motors is closing a sedan plant in the Detroit area as a result of the month long strike at parts supplier American Axle.
Malfunction risks in the rear wheel bearing force Malaysia’s national automaker to recall 34,000 Savvy supermini cars.
Ontario government to give Ford Motor of Canada $17 million to reopen its Essex engine plant in Windsor and restore about 300 jobs.
Declining market for railroad tank cars and the cost of operating an older factory forced the closing, putting nearly 450 people out of work.
Auto parts supplier, idled for more than a month by a UAW strike, advertised in Sunday newspapers for potential replacement workers.
Automaker told employees at its Kokomo, Indiana, casting plant they will help make a new six-cylinder engine and parts for a Getrag transmission plant being built in Tipton.
BNSF Railway Co., the nation's top hauler of container rail freight, is parking miles of railcars in Montana and elsewhere because there isn't enough freight to keep them rolling.
India's investment in international companies and its rising middle-class has reshaped the country, spurring a national economic boom.
Union membership has fallen below 500,000 for the first time since World War II, reflecting the massive restructuring undertaken by Detroit's automakers.
Regulators drastically cut the number of zero-emission vehicles required by 2014 after auto manufacturers said they needed more time to reach the standard.