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  • U.S. Treasury Department Offers Hope for Auto

    U.S. Treasury Department Offers Hope for Auto

    After initially announcing that it would not bail out the ailing auto manufacturers after the worst sales slump in the past quarter century, the U.S. Treasury has announced that it would selectively aid car manufacturers to avoid even more damage to the national economy if the car makers. went under.

  • Cuban Vintage Cars remind U.S. Carmakers of Glory Days

    Cuban Vintage Cars remind U.S. Carmakers of Glory Days

    The country has been under embargo by the U.S. for four decades now, but this has not stopped Cubans from being resourceful in keeping their 60,000 or so vintage American cars from the 1950s up and running.

  • Chrysler Severs Ties with Chery

    Chrysler Severs Ties with Chery

    After signing an agreement in 2007 to produce small cars for the U.S. and Europe, Chrysler LLC and Chery have announced that they are severing ties and pursuing different business directions.

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