Obama to pitch early success of auto bailouts

President Obama visits Michigan - the heart of the U.S. auto industry - today on a mission to convince taxpayers that their investment in the bailouts of General Motors Co. and Chrysler Group LLC will bring a return. Read More »

Ford cuts 400 jobs at Canadian engine plant About 400 workers at Ford's engine plant in Windsor, Ontario, will lose their jobs as Ford completes a planned move to a single shift. Ford made the announcement a day af ...
Denso raises profit forecast on global auto rebound Japan's biggest auto parts maker swung to a profit in the latest quarter and cited recovering markets in North America and Asia for its improved outlook. ...
Honda raises forecasts after profit is boosted by U.S., China Honda posted its best quarterly operating profit in nearly 3 years today on brisk sales in the U.S., China and other Asian markets. The automaker also raised its forecast ...
Obama: Taxpayers to recover auto industry bailout funds In exchange for U.S. bailout money that reached $85 billion, the auto industry has been restructured, and “you now have all those auto companies showing a profit," ...
Toyota to recall 412,000 cars in U.S. Toyota will recall 412,000 high-end passenger cars in the United States to fix steering problems. Toyota, which has conducted a string of recalls this year, will recall 3 ...
Lithia to pass on Fiat stores Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn't plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S. ...