ALBUQUERQUE, N.M. - A former Albuquerque auto dealer, faced with an ailing economy and difficulty getting credit for his dealership, says he turned to gambling last year in a bid to salvage the business. Full Story »
AP
CAMARILLO, Calif. - The average price of regular gasoline in the United States has jumped 2.86 cents over a two-week period to $2.68. Full Story »
Reuters
FRANKFURT (Reuters) - Opel's top German labor leader said on Sunday he was willing to hold negotiations over a restructuring of the European carmaker under its parent General Motors so long as it gains greater independence. Full Story »
AFP/File
NEW DELHI (AFP) - US auto giant General Motors is in advanced talks with its Chinese partners on a proposal to bring their vehicles to India, according to the Press Trust of India. Full Story »
OMAHA, Neb. - Car dealers must inspect used vehicles for safety defects and either make repairs or warn potential buyers before they are resold, the Nebraska Supreme Court ruled Friday. Full Story »
AP
DETROIT - Carl-Peter Forster, the chief executive of General Motors Europe who runs its struggling Opel unit, will leave the company, GM said Friday. Full Story »
AFP/DDP/File
NEW YORK (AFP) - General Motors said Friday it will seek a new chief for European operations with Carl-Peter Forster quitting following the automaker's decision to hang on to its Opel/Vauxhall division. Full Story »
AFP/File
WASHINGTON (AFP) - The top US trade negotiator said that finalizing a trade deal with South Korea was "within reach" but gave no timeline as he sought greater access for US automakers. Full Story »
In 1979, he became chief executive of Ford Motor -- the first nonfamily member appointed to the post. What he walked into wasn't pretty. Full Story »
AFP/DDP
BERLIN (AFP) - Angry German workers on Thursday protested General Motors' shock refusal to sell its European unit Opel and its plans to cut 10,000 jobs, moves slammed as a slap in the face for Chancellor Angela Merkel. Full Story »
NEW YORK - General Motors Co. said Thursday it narrowed down its list of candidates to handle advertising for Cadillac to six agencies, a month after announcing it was dumping the luxury brand's longtime ad partner. Full Story »
AP
RUESSELSHEIM, Germany - Fearing widespread layoffs, thousands of Opel workers walked off the job across Germany on Thursday to protest General Motors Co.'s decision to abandon the unit's sale to new owners. Full Story »
AFP
BRUSSELS (AFP) - Business Secretary Peter Mandelson on Thursday warned that there must be a "fair balance" of jobs lost and state aid put in under the restructuring of General Motors Europe. Full Story »
AFP/File
TOKYO (AFP) - Toyota Motor, the world's largest automaker, announced Thursday a surprise return to profit and narrowed its loss forecast for the full year, helped by demand for fuel-efficient cars. Full Story »
AP
TOKYO - Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery under way for Japan's giant automakers. Full Story »
AP
TOKYO (Reuters) - Toyota Motor Corp's surprise quarterly profit and halving of its annual loss forecast failed to convince investors the world's No.1 carmaker is back on track, as government subsidies peter out and a strong yen takes its toll. Full Story »
AFP/File
AUBURN HILLS, Michigan (AFP) - Chrysler's new Italian chief has said the American icon is a leaner, more focused automaker well on its way to achieving long-term profitability and regaining its sense of style. Full Story »
AP
AUBURN HILLS, Mich. - Chrysler hopes to make billions of dollars to repay government loans and revamp all of its cars and trucks with an ambitious plan that hinges on doubling sales in five years. Full Story »
Add headlines to your personalized My Yahoo! page (About My Yahoo! and RSS)
See Only Business - Automotive From:
Business Photos
Galleon Group Insider Trading Scandal
