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Auto suppliers fight to survive

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.
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Credit crisis adds to pressures on auto dealers

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.
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Mitsubishi workers in Illinois ratify contract

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.
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Big 3 scores in lobbying for bailout

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.
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Toyota joins 0% push

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.
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Mitsubishi workers in Illinois ratify contract

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.
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GM launches new Traverse crossover at Tenn. plant

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.
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Biz down the tubes? Try YouTube

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.
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GM to close Ohio SUV factory Dec. 23

General Motors said Friday it will shut down its SUV assembly plant here on Dec. 23 as the company shifts focus to smaller vehicles.
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Touring the floor, European push for smaller, cheaper cars apparent

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.
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