S&P raises GMAC and ResCap ratings 1 notch

All Associated Press news NEW YORK (AP) - Standard & Poor's Ratings Services said Wednesday it raised its...

Read More →

Mitsubishi Motors withdraws from Dakar Rally

. "Since 2004, we continued to participate in the rally even in difficult times by cutting costs. We gained...

Read More →

Mitsubishi Motors, Mazda project annual losses

TOKYO — Mitsubishi Motors and Mazda—Japan’s No. 4 and No. 5 automakers—both reported...

Read More →

US Auto Suppliers Seek $25.5Bn In Federal Aid

(C.XX) and their finance arms. The 11-page request, representing 400 suppliers, was submitted to the Treasury this...

Read More →

GM, Chrysler credit union car buying program shows results

Credit unions closed about 25,000 vehicle sales for General Motors Corp. and Chrysler LLC in less than a month...

Read More →