United States

US carmaker Chrysler has made a more positive move in the restructuring of its North American business, with news of a US$1.8bn investment for a Detroit SUV plant. The Jefferson North... 2008-08-14

Despite its attempts to shift away from the pick-ups and SUVs that have been a drag on sales as of late, General Motors (GM) is not entirely abandoning the segments that have traditionally... 2008-08-13

US carmaker Ford has achieved its goal of cutting 15% of its North American salaried workforce by August 1. As the company looks to further reduce costs, the white-collar job cuts... 2008-08-07

As financial pressures take their toll on the 'Big Three' carmakers, the Detroit News has reported a potential collaboration between Ford and General Motors (GM). Quoting company... 2008-08-06

US carmaker Chrysler has renegotiated the capital for its financing division and paid a higher rate of interest on the 'conduit financing', according to the UK's Financial Times.... 2008-08-05

General Motors is the latest carmaker to plan cutbacks for its salaried workforce. The company will reduce its US and Canadian white-collar staff by 15% - equating to around 5,100... 2008-07-31

US car manufacturer Chrysler has announced that it will be ending its vehicle leasing business from August 1 2008. Chrysler Financial will instead use the funds from its subsidizing... 2008-07-28

US car maker Ford has posted a loss of US$8.7bn for Q208, compared with a profit of US$750mn for the same period last year. The loss follows earnings of US$100mn in Q108, although... 2008-07-25

US carmaker Chrysler has followed up cuts in North American production with news of sweeping job cuts for its salaried staff. Chrysler is aiming to eliminate 1,000 jobs from its current... 2008-07-24

New York-based Visionary Vehicles has filed a law suit against former joint venture partner Chery Automobile of China, after a deal to import Chinese vehicles to the US fell through.... 2008-07-22