Global financial meltdown

More auto industry news

• CAW, Johnson Controls reach tentative deal CBC - Sat Nov 21, 2:12 AM

  After a successful late-night bargaining session, the Canadian Auto Workers Union and management at Johnson Controls have reached a tentative agreement on a new three-year labour deal.

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  General Motors expects a plan for its European operations by mid December The Canadian Press - Fri Nov 20, 12:21 PM

  FRANKFURT, Germany - General Motors Co. said it expects to release a full restructuring plan for its Opel and Vauxhall operations in mid December, but did not specify the amount of cuts to capacity and jobs it would seek.

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  Volkswagen board okays Porsche takeover AFP - Fri Nov 20, 12:02 PM

  BERLIN (AFP) - Volkswagen, Europe's biggest carmaker, said on Friday that its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche.

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  Volkswagen approves Porsche takeover AFP - Fri Nov 20, 12:02 PM

  BERLIN (AFP) - Volkswagen said Friday its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche, as Europe's biggest carmaker ratcheted up the quest to become world number one.

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  Asia's luxury car market 'picking up': Rolls-Royce AFP - Fri Nov 20, 11:15 AM

  NEW DELHI (AFP) - Rolls-Royce said Friday the market for its super-luxury cars was picking up dramatically across Asia as the effects of the global financial crisis recede.