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The U.S. House of Representatives approved the financial-overhaul bill, moving a step closer to enacting the broadest rewrite of Wall Street rules since the Great Depression.
11:20 pm on June 30, 2010
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Toyota Motor Sales sued Group 1 Automotive to block the Houston dealership chain's plans to acquire Lexus and Toyota stores in Charleston, S.C. Group 1 Automotive Inc. said tonight it plans to challenge the lawsuit filed late Tuesday by Toyota in U.
8:36 pm on June 30, 2010
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New contract adds health care coverage for the families of new hires instead of just single worker coverage - paving way for possible sale of the unit.
6:10 pm on June 30, 2010
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Timing of automotive replacement parts maker's IPO has been aided by the poor economy. Consumers are keeping their cars longer, and need to spend more on maintenance and replacement parts.
5:53 pm on June 30, 2010
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The amended markets, in New York and in Austin, Texas, will allow GM to showcase its research and engineering efforts in the nation's biggest media market, and in proximity to Wall Street, as well as truck-loving customers in Texas.
4:19 pm on June 30, 2010
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The automaker expects to sell at least 100,000 midsize Chevrolet trucks in Europe and parts of Southeast Asia as the brand makes its first push into the two regional pickup markets.
3:27 pm on June 30, 2010
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BMW AG, the world's largest maker of luxury cars, may invest more than $1 billion in Mexico to prepare local auto-parts companies to boost supplies to its U.S. plants, Mexican Economy Minister Gerardo Ruiz Mateos said.
1:05 pm on June 30, 2010
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Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion.
12:46 pm on June 30, 2010
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Ford Motor Co. will pay about $3.8 billion in cash to a union health-care fund, a sign the automaker is confident that CEO Alan Mulally's focus on the namesake brand will produce profits.
10:20 am on June 30, 2010
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PSA/Peugeot-Citroen SA and Mitsubishi Motors Corp. said today they have agreed to work together to develop electric vehicle powertrains, initially focusing on light commercial vehicles.
6:01 am on June 30, 2010