TORONTO - A selloff in the financial sector pushed the Toronto stock market's key index down by more than 300 points Thursday while sentiment against commodity stocks overshadowed strong earnings reports from the likes of market heavies EnCana Corp.

For the third time in the past 18 months, Chrysler has announced plans to cut its salaried workforce. Workers were told Wednesday that another 1,000 white-collar jobs worldwide would be eliminated by Sept.

Facing high fuel prices, low vehicle sales and an $8.7 billion quarterly loss, Ford Motor Co. is hitting the gas on plans to bring more small cars to the United States from Europe. Over the next three years, Ford plans to bring in six European-designed small c...

(Evening Standard (London) (KRT) Via Acquire Media NewsEdge) Jul. 11--TOYOTA, caught by surprise by the runaway popularity of its hybrid petrol-electric, will begin building them in the US after stocks have sold out.

Despite rapidly falling sales and shares because of high gas prices, General Motors is not in immediate danger of bankruptcy. That's according to an auto analyst with JP Morgan. Analyst Himanshu Patel says fears of bankruptcy have been overblown despite the au...

The St Louis manufacturing facility manufactures the Dodge Caravan and Chrysler Town & Country vehicles. Slowing economy, increased gasoline prices and a shift in consumer demand from large vehicles to smaller ones are stated as the main reasons for the sales ...

Nissan is rapidly forging deals with cities and governments on electric vehicles as soaring fuel prices and concerns over global warming make the technology more appealing. While other automakers develop hybrids and fuel-cell vehicles Nissan is concentrating o...

Has BMW taken a step forward with the new 7 Series or did you prefer the lines of the last-generation model. Decide for yourself with photos of both 7 Series generations in the comparison gallery HERE .

The cash-rich Abu Dhabi Investment Council has bought one of New York's best-known skyscrapers, the Chrysler Building, for a heady 800 million dollars, sources close to the deal said Wednesday.

Three dozen electric utilities and General Motors Corp. agreed to collaborate on smoothing a path for a plug-in electric vehicle that GM will manufacture. The Wall Street Journal reported the collaboration is the first major effort by the two industries on an ...

McLaren and Ferrari on Friday said the espionage affair between them is now over. Separate statements by the top formula one teams revealed that the decision was made following a reiterated apology by McLaren, and a final payment made by the Mercedes-powered o...

DETROIT -- When consumers astonished the U.S. auto industry two months ago by quickly shunning trucks and going for gas mileage, the biggest beneficiary ended up being Honda Motor Co.

DETROIT -- People want small cars that get great gas mileage. General Motors Corp. is known for making top-notch trucks and sport utility vehicles. The companys survival now hinges on the difficult task of convincing buyers that its upgraded cars are just as g...

WASHINGTON—Fewer people signed up for unemployment benefits last week, but the dip was not enough to overcome continuing weakness in the country's labor market. The Labor Department reported Thursday that new applications filed for unemployment insurance fel...

University Physicians Healthcare Hospital at Kino Campus has 16 new doctors in training who will focus on community-based medicine and increasing health-care services in rural Southern Arizona.

WARREN, Mich. - When Coke bottle glasses just won't cut it for safe driving, a futuristic windshield might do the trick. General Motors Corp. researchers are working on a windshield that combines lasers, infrared sensors and a camera to take what's happening o...

CONCORD, N.H. (AP) - New Hampshire safety and environmental officials are warning of potential flooding due to heavy rains expected to arrive in the state today, particularly along the Pemigewasset, Contoocook, Warner and Baker rivers.

with several automakers about selling its Swedish luxury brand, Volvo. According to Reuters, Ford spoke to French automaker Renault, as well as China's Dongfeng Motor Group. The official word from Ford remains that the brand does not have plans to sell Volvo, ...