Senators urge timeline on $25 billion in auto retooling loans

WASHINGTON -- Two U.S. senators urged the Energy Department to move forward quickly on distributing $25 billion in...

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GM China Commercial Auto JV Sold 75,168 Units In Jan;Up 19.7%

GM said in a statement sales of the Wuling Sunshine Minivan, which hit about 47,000 units, drove the growth in...

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Auto industry cuts 150,000 jobs

KARACHI: An estimated 150,000 workers in Pakistan have been laid off by the auto vendors and assemblers in the last...

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Stimulus plan includes car loan tax credit

The U.S. Senate added a boost for automakers and car dealers to the economic stimulus plan today that would create a...

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Mitsubishi Motors, Mazda project annual losses

TOKYO -- Mitsubishi Motors and Mazda - Japan's No. 4 and No. 5 automakers - both reported quarterly losses...

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