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http://www.detnews.com The nation's auto suppliers are taking drastic measures in the face of a weakening auto market and shift in consumer demand, cutting spending, laying off thousands of workers and closing plants around the country. Read more... NEW YORK -- Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan. Read more... NORMAL, Ill. -- United Auto Workers members at a central Illinois plant ratified a four-year contract with Mitsubishi Motors North America on Saturday that calls for them to take pay cuts in exchange for job security. Read more... Detroit's Big Three CEOs personally spoke with undecided members of Congress to help win passage of the $700 billion Wall Street bailout package -- and their work paid off. Read more... Toyota's unusual decision to offer zero-percent financing on nearly all of its Toyota division models in the United States is the latest sign of the mounting woes in the auto industry. Read more... NORMAL, Ill. -- United Auto Workers members at a central Illinois plant ratified a four-year contract with Mitsubishi Motors North America on Saturday that calls for them to take pay cuts in exchange for job security. Read more... General Motors on Friday officially launched full-scale production of the its new Chevrolet Traverse at its overhauled former Saturn plant on the outskirts of Nashville. Read more... A corporate honcho yakking away isn't exactly as entertaining as Tina Fey riffing on Sarah Palin, but General Motors Corp. is after the YouTube generation. Read more... General Motors said Friday it will shut down its SUV assembly plant here on Dec. 23 as the company shifts focus to smaller vehicles. Read more... PARIS -- European car makers always have known how to make small cars, but with prices at the pump escalating, CO2 taxes burgeoning and economic weakness eroding disposable incomes, the race is on to make ever-smaller and cheaper automobiles. Read more...
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