car industry

It seems that the TARP-related pay restrictions which have generated so much publicity in the battle between pay czar Ken Feinberg and AIG's (AIG) CEO Robert Benmosche do not apply to GM. Benmosche fought and generally lost arguments to get his top people compensation packages that would be...

When car manufacturers fell in love with rebates, some car dealers found that these programs didn't increase sales very much; they simply drew the shoppers who intended to buy in the near future. I wondered if Cash For Clunkers might be doing the same thing, leading to a sharp decline in sales...

Precisely 46,113 people lived in Kokomo, Indiana as of the last census. If Chrysler and car parts supplier Delphi go belly-up, almost one in four of them will lose their jobs, adding to the already burdensome 20 percent unemployment. As one auto worker told CNNMoney.com, "If we go down, the whole...