DETROIT Detroit automakers have pulled back from leasing to protect already-strained balance sheets.
DETROIT Oil prices may have fallen back to about $100 a barrel, but few in the auto industry are ready to pop the champagne corks just yet.
DETROIT General Motors Corp's plug-in Chevy Volt and other electric vehicles have generated widespread consumer fervor for cleaner, less fuel-dependent cars, but the high battery cost means it will be years before those cars are affordable to most Americans. | Video
DETROIT The U.S. auto industry has a dire need for taxpayer-backed loans because the deepening credit crisis has shut the cash-starved industry out of the capital markets.
DETROIT The crisis rippling through the U.S. financial sector could drive U.S. auto sales to the low end of forecast ranges this year and leaves open the possibility of further industrywide declines in 2009, a senior Honda Motor Co executive said on Wednesday.
DETROIT Small may be beautiful, but U.S. automakers are more worried about making it profitable.
DETROIT Here in the Motor City, both automakers and their unions are singing the blues, and they are largely carrying the same tune. | Video
DETROIT An LG Chem unit is confident its next-generation lithium-ion batteries will meet the requirements for General Motors Corp's all-electric Chevrolet Volt car, a senior executive said on Tuesday.
DETROIT U.S. automakers face failure if they do not get $25 billion in low-cost federal loans for the auto industry, former Canadian Auto Workers union president Buzz Hargrove said on Wednesday.
DETROIT The U.S. auto sales downturn may be near a bottom, but the uncertainty of the market given credit conditions and fuel prices make it hard to predict what sales will be like in 2009, the top executive for auto parts maker Dura Automotive Systems Inc said on Wednesday. | Video
DETROIT The U.S. automotive sector is set to hit the rewind button in 2009, repeating this year's expected historic lows, as consumers struggle with tighter credit, high gasoline prices and the weak housing market.
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