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    Last update: December 22, 2009

    +As dollar dives, automakers juggle global strategies
      The collapse of the dollar is forcing automakers to take dramatic action to limit their exposure to currency fluctuations. Some are raising U.S.

    +Cheaper small cars are part of VW's U.S. plan
      A U.S. assembly plant is just the first step in Volkswagen's grand plan to boost salesin the United States.

    +American Axle defers bonus decision during strike
      With 3,600 workers striking against concession demands, the board of American Axle and Manufacturing Holdings Inc. postponed acting on proposed executive bonuses and other incentives for CEO Richard E. Dauch and other executives for 2007.

    +BMW invests to put all X’s in Spartanburg
      BMW AG will spend $750 million to build 90,000 more vehicles a year in the United States, in the face of changing euro-dollar fortunes. The company said this morning that it will hire 500 people for its Spartanburg, S.C.

    +Delphi completes sale of interiors, closures unit
      Delphi Corp. today finished the sale of its global interiors and closures business to a New York private equity firm.

    +Feds check Solstice, Sky brakes
      Federal safety officials are conducting a preliminary investigation into complaints that brakes on 2008 Pontiac Solstice and Saturn Sky roadsters with 2.0-liter turbocharged engines don’t work as well as they should.

    +Delphi launches revised exit financing package
      Delphi Corp. said on Monday it was launching a revised $6.1 billion exit financing package including participation by General Motors.

    +Former Ford dealer Richard Duncan entitled to $4M from daughter
      A founder and owner of the former Jerome-Duncan Inc. Ford dealership in suburban Detroit is entitled to $4 million in total damages from his daughter and successor as majority owner, a Macomb County, Mich., judge ruled last week in a civil lawsuit.

    +Consumers wary of paying more green for green
      Consumers might consider themselves environmentally friendly, but they still aren’t excited about paying the extra price for green vehicles, J.D. Power and Associates says in a new study.

    +Chrysler to close Calif. design studio
      Chrysler LLC is closing its Pacifica Advance Product Design Center, the studio near San Diego where several key vehicles -- such as the 300 sedan, Dodge Challenger and Pacifica crossover -- took shape in recent ye

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