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Breaking News Feed
U.S. judge rejects GM bondholder committee request
A U.S. bankruptcy judge has denied a request from a small group of General Motors bondholders to become an "official committee" in the bankruptcy case.  more
GM to finish white-collar job cuts by October
General Motors plans to complete a 20 percent cut in its white-collar work force by October, a spokesman said today. General Motors plans to complete a 20 percent cut in its white-collar work force by October, a spokesman said today.  more
U.S. loan will help Nissan build huge battery plant in Tenn.
A big chunk of the $1.6 billion loan that Nissan North America received from the federal government today will pay for a lithium ion battery plant that is at least 1 million square feet.  more
Honda Manufacturing\'s Jutte to resign July 24
Larry Jutte, the American Honda manufacturing executive who helped oversee production of nearly 700,000 vehicles and $19.5 billion in purchasing spending last year, will leave the company next month after 24 years.  more
Toyota, Nissan vow to do better
Toyota Motor Corp. and Nissan Motor Co. promised shareholders they would do better to recover from the worst industry downturn in a generation, each focusing on different types of cleaner cars to steer their revival.  more
Mini adds stores as prime dealership sites open up
With so many dealerships closing, Mini USA says it has become a lot easier to find prime sites for new stores.  more
Ford hopes for more technology loans from feds
Ford Motor Co. executives are hoping for billions of additional dollars in government technology loans if congressional efforts to double the amount of money are successful.  more
Nissan eyes 100,000 unit EV capacity in Tennessee
Nissan Motor Co. CEO Carlos Ghosn, with a $1.6 billion U.S. loan commitment in hand, wants capacity to build more than 100,000 electric vehicles a year in Tennessee as early as 2011.  more
Obama urges passage of greenhouse bill
President Barack Obama urged the House to pass a greenhouse gas emissions bill that would require the federal government to help automakers retool to make plug-in electric vehicles.  more
GM bidding deadline passes with no new offers
No other company submitted a competing offer to the U.S. Treasury Department\'s bid to buy the healthy assets of General Motors from Chapter 11 protection, GM spokeswoman Julie Gibson confirmed today.  more
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