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Pittsburgh Post-Gazette, 30.12.08 05:32 UTC

Private Sector: American manufacturing is hardly on the rocks

The dire headlines about the Detroit car companies may have many thinking that manufacturing in America is coming to an end. However, it is important to note that the auto industry is just a single ...

The Independent, 29.12.08 10:06 UTC

Detroit Lions end NFL season as lambs after their record losing run

With its once-proud car industry on government life support, unemployment soaring and home foreclosures amongst the worst in the US, Detroit hardly needed anything new to feel bad about. But now it ...

The Independent, 29.12.08 02:32 UTC

Detroit Lions end NFL season as lambs after their record losing run

With its once-proud car industry on government life support, unemployment soaring and home foreclosures amongst the worst in the US, Detroit hardly needed anything new to feel bad about. But now it ...

Times Online Business, 28.12.08 23:31 UTC

Motor industry awaits GMAC statement over debt-for-equity swap

GMAC, General Motors' struggling car finance business, is expected to give an update today on its negotiations with bondholders to swap $38 billion (£26 billion) in debt for GMAC equity. The deal is ...

WashingtonPost Business, 24.12.08 05:32 UTC

UAW Vows to Fight Salary Concessions

Labor Leaders Seek to Renegotiate White House Terms on Auto Bailout

Pittsburgh Post-Gazette, 23.12.08 05:34 UTC

Stocks fall in light trading as Toyota Motor cuts outlook

NEW YORK -- Wall Street began a holiday-shortened week with a moderate pullback yesterday as investors recoiled at bleak news from Toyota Motor Corp. and drugstore operator Walgreen Co. The two ...

Belfast Telegraph, 23.12.08 03:02 UTC

World’s biggest car firm prepares for a £1bn loss

The crisis facing the world's largest car-makers intensified yesterday as Japanese giant Toyota, which last year reported record profits, forecast its first-ever annual operating loss. The world's ...

Times Online World News, 22.12.08 23:30 UTC

Fears for 40,000 jobs in British car trade as Toyota goes into red

A further 800 jobs in Britain’s car industry were put at risk yesterday after Toyota Motor, the greatest example of Japan’s postwar economic miracle, warned that it will go into the red ...

USA Today, 22.12.08 15:04 UTC

Cheney says Congress failed struggling automakers

WASHINGTON (AP) — Vice President Dick Cheney blamed Congress for failing to bail out the auto industry, saying the White House was forced to step in to save U.S. car companies.

Times Online Business, 22.12.08 10:07 UTC

What's the difference between car makers and a high-street institution?

FOR A BAIL-OUT Making stuff is different from selling stuff, and that is why Woolworths is allowed to fail while Vauxhall might just be granted a lifeline. The unpleasant truth is that, while ...