UAW strike would put automakers in default of federal loans

General Motors Corp. would be in default of federal short-term loans if the United Auto Workers or another union...

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Daimler Trucks to lay off 2,137 here

Daimler Trucks North America will idle much of its Mount Holly plant and lay off a total of 2,137 workers at its...

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Global auto sales to worsen in 2009, says Canadian report

OTTAWA, Jan. 8 (Xinhua) -- The global auto industry will see a greater overall decline in sales in 2009 than it did...

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AUDI breaks the one million sales barrier

December proved to be an especially good month with the newly introduced Audi Q5 and the revamped A4 series...

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Car giant Nissan to axe 1,200 jobs

Jan 8 2009 Car giant Nissan is to axe 1,200 jobs in the wake of the economic slowdown which has hit the motor...

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