China inflation drops as auto bailout uncertain

BEIJING/WASHINGTON (Reuters) - Chinese consumer inflation slowed sharply as vanishing demand globally put heavy...

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Indian car sales slide 19pc over downturn

NEW DELHI: Indian car sales posted their biggest annual fall in eight years yesterday, highlighting the downturn in...

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ArvinMeritor withdraws 2009 outlook, ups job cuts

ArvinMeritor withdrew its fiscal 2009 outlook and said it was cutting more jobs than previously announced, citing...

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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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The retail rise and fall

The major flaws of 2008 — a faltering economy, lowered consumer spending and recession woes — have...

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