Visteon plans pay cut, shorter work week

VAN BUREN TOWNSHIP -- Visteon Corp. will cut pay by 20 percent for about 2,000 salaried employees as the employees...

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U.S. Stocks Decline After Walgreen

Ford Motor Co. (F) sliding 11.9% and the U.S.-listed shares of Japanese giant Toyota (TM) declining 5.5%. Toyota...

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Toyota hopes to ride high on its green car taking shape secretly

Tokyo: The Toyota Motor Corporation is secretly developing a vehicle that will be powered solely by solar energy in...

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Ford Executive Sees 2008 Industry Sales At 13.5 Million

Ford Motor Co. (F) forecast Friday that industrywide car and truck sales would slip to 2.5 million in the fourth...

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Government to get 5 million preferred GMAC shares

DETROIT -- The federal government will get 5 million preferred shares of GMAC LLC paying 8 percent interest in...

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