DEARBORN, MI-Ford Motor Co. lost another $129 million in the third quarter of 2008. In addition, the company says it has cash reserves sufficient to carry it through only seven more months of operation. MORE
WASHINGTON-Can President-elect Barack Obama deliver on his campaign promise to help the American automotive industry make the transition to fuel-efficient cars. MORE
CAMBRIDGE, Ontario-Bucking the trend of manufacturing closures, the German luggage-making company Rimowa has opened a new plant in Canada to produce suitcases. MORE
DETROIT-The General Motors Powertrain Magyarorszag plant in Szentgotthárd, Hungary, has resumed full production after temporarily reducing output in October. MORE
WASHINGTON-National Association of Manufacturers President John Engler says he and President-elect Barack Obama share the goal of “revitalizing the American economy and positioning the United States as an international economic leader.” MORE
EVERETT, WA-Boeing inspectors have discovered that about 3 percent of the fasteners installed on the five 787 Dreamliners jets currently under construction were installed incorrectly and must be removed and reinstalled to protect the airplane's structural integrity. MORE
SEOUL, South Korea-Hyundai Motor Co. says construction of a new $600 million assembly plant in Brazil is proceeding on schedule in spite of the global economic downturn. MORE
BERLIN-Shares in Bayerische Motoren Werke, the world's largest maker of luxury cars, have risen to a three-week high on what are being described as “clearly positive" earnings. MORE
NEW YORK-According to reports, merger talks between GM and Chrysler are on hold now that the Bush administration has rejected GM’s request for $10 billion in aid. MORE
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