General Motors Corp. is likely to announce further production cuts and possible plant closures as early as next week as it deals with slumping sales and a collapse in its stock price, a person with knowledge of the company's plans said Friday.

In a deal that could reshape the auto industry globally, American giant General Motors is in preliminary talks with rival Chrysler to explore the possibility of a merger. Noting that the talks between GM and Cerberus Capital Management, the private equity arm ...

Honda Manufacturing of Indiana, LLC today began mass production1 of the fuel-efficient, 4-cylinder Honda Civic sedan at its new facility in Greensburg, Indiana. The $550 million facility will ultimately produce 200,000 vehicles, and employ 2,000 associates at ...

Wrapping up a two-day dash through Southern California, Republican presidential contender Mitt Romney on Thursday assured supporters in Burbank that he would help rescue financially-troubled families with his promised middle-class tax cuts.

Amsterdam.- TomTom and Renault have formed a partnership to bring affordable, fully integrated navigation solutions to Renault customers on several models. The new partnership will contribute to the growth of both companies.

Four Volkswagen models at once were awarded the best grade of "top safety pick" in the most recent publication of the independent US safety institute, "Insurance Institute for Highway Safety".

Porsche Automobil Holding SE has acquired a further 4.89 per cent of the Volkswagen ordinary shares on 16th September'08, enabling the Stuttgart-based company to hold a 35.14 per cent of the voting rights of the Wolfsburg-based car manufacturer.

General Motors Europe President Carl-Peter Forster appealed to European politicians to help restore consumer confidence in the markets. He also called for clear, European-wide environmental laws at a GM press conference at the Paris Motor Show.

EUROPEAN CHAMPIONS LEAGUE: Villarreal holds Manchester United 0-0, ref sends off wrong player at Celtic LONDON _ Villarreal holds defending champion Manchester United to 0-0 and a referee sends off the wrong player in Aalborg's goalless draw at Celtic in the C...

PARIS, France, October 5, 2008Honda Motor Co., Ltd. presented the concept model of its all-new Insight dedicated hybrid vehicle scheduled to be introduced in 2009, at the 2008 Paris Motor Show (October 219; Press Days: October 23).

MORAINE, Ohio (Oct. 7) — General Motors Corp. has announced that it will close its SUV plant here two years earlier than planned because of the slowdown in U.S. sales and end production of the facility's three models.

Nagoya, Oct 3, 2008 (Jiji Press) - Toyota Motor Corp. 7203 has developed what it claims is the world's first air bag that comes out of the front passenger seat, it was learned Friday.

Ford (NYSE: F) said . StreetInsider.com provides up-to-the-minute active trading news and information. Only the most relevant news makes it through to our members, and only what you need to hear.

Chrysler Launches New Round of UAW Buyouts The offer to the automaker’s Michigan workforce is the third round in a year. Earlier buyouts and retirement packages were as high as $100,000.

The American bank Morgan Stanley faces a critical weekend as it awaits a crucial $9bn investment from Japan's Mitsubishi bank to fend off a crisis of confidence among investors which is threatening its survival.

By beating the Chicago Cubs 7-2 last night in the NLDS opener, pitcher Derek Lowe gave the Los Angeles Dodgers only their second playoff victory since winning the World Series 20 years ago.

On Friday, news emerged that William Ford Jr. sold 1 million shares of Ford ( F ) stock. For those unaware, Mr. Ford is the auto manufacturer’s chairman. According to Bloomberg : “Ford sold the shares, at an average price of $5.

FUJI SPEEDWAY, Japan (AFP) Germany's Nick Heidfeld Thursday expressed delight at winning a new contract with BMW Sauber for next year, with his position in doubt until the announcement this week.