INDIANAPOLIS-According to one analyst, a GM bankruptcy would have wrenching effects, but it would make the companies competitive again. A bailout without bankruptcy would just prolong the agony.MORE
WASHINGTON-Senators from southern states with factories owned by Asian and European car manufacturers oppose a bailout of U.S. automakers, saying the industry can thrive without General Motors Corp., Ford Motor Co. and Chrysler LLC. MORE
DETROIT-General Motors Corp. is selling its entire stake in Suzuki Motor Corp. for $230 million as it continues struggling to stay afloat financially. MORE
WASHINGTON-U.S. industrial production grew in October, after one of the worst manufacturing months ever in September, according to a report released Monday by the Federal Reserve. MORE
WASHINGTON-Doubts about the prospects for a $25-billion rescue of Detroit's automakers are growing louder as opponents decry yet another bailout and even supporters question whether the idea has sufficient backing in Congress. MORE
KYOTO, Japan-Japanese manufacturer Kyocera Corp. is constructing a new large-scale solar cell production facility in Yasu City, Japan, set to open in 2009. MORE
VANCE, AL-The Mercedes-Benz plant in Alabama plans to scale back operations in 2009 as the company works to match production rates with weakening demand. MORE
CHANDIGARH, India-Bicycle exports from Punjab are likely to fall by 26 percent this year as currency fluctuations and the ongoing slump in consumer spending depresses overseas demand. MORE
NEW YORK-Analysts are predicting the current downturn in the U.S. economy will be the longest in three decades, and the drought in consumer spending may be the worst ever. MORE
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