General Motors offers buyouts to hourly workers

United Auto Workers (UAW) union."Of those, approximately 22,000 are retirement-eligible, so taking the...

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Renault In The Slow Lane

is struggling -- and in a dramatic way. The French carmaker dumped its profit targets for this year as demand in the...

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Hyundai cars to be costlier

HYDERABAD: The increased prices — in the range of 2.5-3 per cent — on some variants of Hyundai cars will...

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Iraq Closer to Natural Gas Deal with Shell, Mitsubishi

Iraq is moving closer towards finalizing a multi-billion dollar natural gas deal with a joint venture including...

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Renault cuts 2009 profit target

Paris: French carmaker Renault dropped its once sacrosanct 2009 profit targets yesterday in the face of an...

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