US markets open higher on hope of an auto aid

Major US indexes opened higher on Wednesday, as investors bet that a government program to provide aid to the auto...

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GM slashes prices by up to Rs 30,500

NEW DELHI: Automobile manufacturer General Motors on Wednesday cut the price of its vehicles by up to Rs 30,500,...

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Toyota Offers Gentex Mirror-Based Backup Camera Display on 2009 SUV

GNTX ), the leading supplier of automatic-dimming rearview mirrors to the worldwide automotive industry, has...

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GMAC extends deadline for tender offers

NEW YORK -- GMAC Financial Services says it hasn't raised enough capital to become a bank holding company and...

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Inaction on automakers would cost taxpayers billions

WASHINGTON -- The U.S. auto industry's problems will cost taxpayers plenty whether or not the government helps...

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