Detroit Business News

Moving to correct what federal regulators have termed a "very dangerous problem," Toyota Motor Corp. said it would modify and replace gas pedals on 4.26 million cars and trucks to reduce the vehicles' risk of accelerating out of control. Toyota...

The owner of the Ambassador Bridge over the Detroit River is suing Michigan to try to force it to open ramps connecting the bridge to freeways. Manuel Moroun filed the suit against the Michigan Department of Transportation in an effort...

A few months back, it seemed as though the Saturn brand would be saved. The Penske Group agreed to buy the struggling General Motors production and vehicles like the Ion and the VUE would "live to see another day." Now,...

Two out of three U.S. automakers reported vehicle sales increased in October, with Chrysler Group LLC reporting sales slumped significantly, down 30 percent. General Motors Co. said it sold 177,603 vehicles in the month, while Ford said it sold 132,483....

It may have been a different kind of company making a different kind of car, but it is screeching to a familiar halt. Saturn -- one of General Motors' most ambitious attempts to appeal to foreign-car buyers -- instead will...

General Motors, the American car giant driven to bankruptcy by the global recession, will begin paying back bailout money from the US government as early as next month. The company said it lost $1.2bn in the period from July, when...

General Motors Co. said it had signed a definitive agreement to sell its Hummer sport utility brand to a Chinese heavy equipment maker, potentially achieving an important goal in the U.S. auto company's post-bankruptcy makeover...Hummer through an investment entity, in...

U.S. auto parts maker Delphi ended four years in bankruptcy on Tuesday, emerging from Chapter 11 as a private company and removing a major uncertainty for former parent General Motors Co GM.UL. Delphi, which filed for bankruptcy on October 8,...

After two frenzied months during the government’s cash-for-clunkers program, new-vehicle sales fell in September back to the dismal levels seen earlier this year, automakers said Thursday. The Ford Motor Company said its sales declined 6 percent from September 2008.

The United Auto Workers has finalized a tentative agreement with Ford Motor Co on contract changes the automaker has sought to bring its labor costs in line with those of U.S. rivals, the union said on Tuesday. The UAW will...