Done deal on table for F1 cost-cutting in

By Alan Baldwin Formula 1's world governing body and the racing teams have already agreed on significant cost...

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Auto news in brief

Honda Motor Co., facing its first U.S. sales decline in 15 years, plans to maintain significant advertising spending...

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Bank plans in danger

NEW YORK -- GMAC Financial Services, the financing arm of General Motors Corp., said Wednesday its bid to become a...

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Big 3 crisis squeezes suppliers

The auto parts industry -- already riddled with bankruptcies -- is in a state of quiet panic over the ability of...

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Congress reaches deal on auto bailout bill

House of Representatives vote later Wednesday. The almost 40-page bill calls for the appointment of a "car...

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