NEW YORK, Feb 10 - American International Group Inc's U.S. auto insurance business is expected to fetch around $2 billion in a sale, a source familiar with the matter said on Tuesday. The insurer is...
SINGAPORE, Feb 10 (Reuters) - Slow demand from auto makers hit premiums for platinum in Asia as dealers struggled to sell inventories, while demand from jewellers in China fizzled out after the Lunar ...
* Auto suppliers seek U.S. government bailout * Two thirds of auto suppliers face financial distress * Tenneco posts wider loss, to close 3 plants DETROIT, Feb 5 - U.S. auto suppliers said on Thursday...
WASHINGTON, Feb 4 - Two U.S. senators have asked Energy Secretary Steven Chu to set a timeline for distributing up to $25 billion in loans to help U.S. auto companies produce more fuel efficient vehicles....
* U.S. auto sales drop below China for first time * GM sales down 49 pct; Chrysler off 55 pct * Ford sales drop 40 pct; Toyota: -34 pct; Nissan: -30 pct * Korea's Hyundai,...
BERLIN, Jan 20 - German Chancellor Angela Merkel criticised U.S. subsidies to its auto industry on Tuesday, saying the aid threatened to distort competition and was not a long-term solution to the struggling sector's problems....
DETROIT, Jan 15 - General Motors Corp said on Thursday it expected this year's U.S. auto sales to drop to their lowest level...
DETROIT, Jan 13 - Top automotive industry executives gathered at the media preview for the North American International Auto Show in Detroit, starting on Sunday. Following are some of the notable quotes: MIKE JACKSON, CEO,...
China's auto sales grew 6.7% year-on-year to 9.38 million units in 2008, the first single-digit growth rate since 1999, the official Xinhua News reported, citing statistics released by the China Association of Automobile Manufacturers (CAAM), CAAM said sales of passenger cars including sedans, multipurpose...
DETROIT, Jan 12 - Industry-wide auto sales in China may decline as much as 10 percent in the first half of 2009 compared to a year ago before "robust growth" resumes, General Motors Corp's <GM.N>...