Union workers at two more Ford Motor Co. factories voted down proposed concessions aimed at putting Ford on comparable ground with General Motors Co. and Chrysler Group LLC, according to results released Tuesday.
The Treasury Department plans to inject up to $5.6 billion in new capital in GMAC -- the latest effort to help the auto finance giant, a government official confirmed late Tuesday.
Washington -- Toyota Motor Corp. began mailing notices this week to 3.8 million vehicle owners, urging them to remove their floor mats while it seeks a remedy for reports of sudden, unintended acceleration.
Detroit -- Ford Motor Co. is the most reliable domestic automaker, and continued quality improvements have brought its vehicles almost bumper to bumper with its Japanese competitors, Consumer Reports magazine said Tuesday.
Tokyo -- Japanese automakers are experiencing a production boom in China with Toyota, Honda and Nissan setting records for September -- the latest signs of an emerging recovery for Japan's auto industry.
Frankfurt -- German carmaker Audi AG said Wednesday it already beat its 2008 record for car sales in China and that it expects to sell over 130,000 cars there this year.
The legal and financial firms that guided Chrysler Group LLC through bankruptcy will receive almost $24 million in professional fees for their work over four months, according to court documents.
Here, in the week before Ford Motor Co. hopes to maybe, sorta' report encouraging third-quarter earnings, a faction of its United Auto Workers membership is on course to torpedo a revised labor agreement.
