DETROIT, June 22 - European and Asian automakers are expected to build more vehicles in North America than Detroit's three automakers by 2012 following a sweeping restructuring of the domestic industry, according to a study...
* Carmakers will look short-term to alliances, partnerships * Longer-term capacity cuts will still be needed * Renault-Nissan's Ghosn says auto M&A doesn't work PARIS, June 22 - Carmakers left on the sidelines of rapid...
MOSCOW, June 19 - Russia's largest carmaker AvtoVAZ is not considering any partnerships with Germany's Opel or Canada's Magna, its president said on Friday, contradicting remarks from the head of Sberbank. "No one has made...
As the U.S. steps in to avoid Detroit's collapse, all eyes remain on Obama's auto task force.
NEW YORK, March 5 - The Dow industrials and the S&P 500 slid to 12-year lows on Thursday as General Motors' warning of possible bankruptcy and concerns about the banking system's fate reinforced investors' reluctance...
NEW YORK, March 5 - U.S. stocks trimmed losses on Thursday after data showed new orders received by U.S. factories fell for a sixth straight month in January but the drop was less than expected....
There is broad understanding of distress but no consensus yet in Congress to rescue U.S. automakers as industry chiefs hope on Friday to advance their case in a second appearance before lawmakers in two days.
Automakers seeking government help return to Congress this week with a new message but facing the same hurdles they failed to clear in November -- a proposal that can be sold to enough lawmakers and a White House long skeptical of bailing out the distressed industry...
U.S. auto executives warned Congress on Tuesday that their industry was teetering on the brink of disaster as they pleaded for a $25 billion aid package despite political opposition to another multibillion-dollar government bailout.
As Congress takes a look at whether to help the struggling U.S. automakers, here is what you need to know about what's at stake for the Big Three.