Automaker News

Porsche's supervisory board will hold an extraordinary meeting on July 23, a spokesman said Friday, as the company grapples with debt that it accumulated building up its share in Volkswagen AG .

American Axle is working with longtime legal and financial advisers to consider restructuring options, but the company and a law firm representing it are stopping short of saying they are considering bankruptcy.

The New United Motor Manufacturing, Inc. auto plant in Fremont, Calif. is seen here Friday July 10, 2009.

Auto parts maker Delphi Corp. says a deadline has passed with no further bidders on its business, paving the way for a sale to a California private-equity firm and General Motors Corp.

A A A' Even after emerging from bankruptcy protection, the new General Motors still faces some of the same troubles that haunted the old one, which piled up more than $80 billion in losses during the past four years and still needs government aid to survive.

Montana Gov. Brian Schweitzer is asking the Obama administration to force General Motors Corp.

Healthcare Realty Trust Inc. will replace truck-trailer manufacturer Wabash National Corp.

General Motors Corp. is rushing to prepare for its rebirth late this week as a company largely owned by the U.S. government.

The new General Motors is about to roll off the assembly line as a leaner, greener model, maybe even a profitable one, too.

Jul. 9 - General Motors is set to exit bankruptcy protection after a court ruling removed one of the final barriers.

Michael Moore's latest documentary now has a title - and a theme that resonates with recession-weary audiences.

Negotiations for the sale of General Motors' Opel to Canadian auto parts maker Magna International were progressing, a GM Europe spokeswoman said, while confirming it had also received a bid from China's Beijing Automotive Industry.

A House panel Tuesday night voted to require General Motors and Chrysler to restore franchise agreements with their dealers despite their dire financial condition.

The Canadian Auto Workers says Ford has asked the union to match recent concession-filled labour deals with General Motors and Chrysler so the company can remain competitive.

WASHINGTON - The death of Robert McNamara at 93 was less a faint reverberation of a receding era than a reminder that mentalities are the defining attributes of eras, and certain American mentalities recur with, it sometimes seems, metronomic regularity.

General Motors could literally turn green as it readies itself for major management and cultural changes that will coincide with its escape from bankruptcy protection.

Paccar Inc. said Tuesday that its board has halved the commercial truck maker's quarterly dividend to 9 cents per share, from 18 cents.

CHINESE automaker Beijing Automotic Industries Corp has joined the bidding for General Motors Corp's German unit, Adam Opel GmbH, a GM spokesman said on Wednesday.

Wisconsin offered General Motors about $200 million in incentives to locate its new small car plant in Janesville.

Toyota Motor Corp. says the retooling of its southern Indiana plant for production of the Highlander sport utility vehicle will cost about $500 million.