ITHACA, NY-The higher oil prices that have shocked American industry may, in fact, present a golden opportunity to propel the United States into a more productive and efficient future. MORE

CHENNAI, India-Hyundai Motor India Ltd. is holding off on ramping up a third shift in the wake of predictions that the Indian auto industry will slow down in the coming months. MORE

TOKYO- With more than a quarter of all Japanese expected to be aged 65 or over by 2015, the country faces serious economic consequences, including labor shortages that could weigh on GDP. MORE

CHATTANOOGA, TN-Volkswagen has selected a pair of local companies to help build its new Chattanooga auto assembly plant. MORE

TOKYO-Sanyo has opened a new photovoltaic module assembly plant in Ohtsu City, Japan. MORE

DETROIT-Detroit's three automakers are urging Congress to make as much as $35 billion to $40 billion in low-cost loans available during the next two years to assure that the companies survive long enough to retool and build a new generation of fuel-efficient vehicles. MORE

TOLEDO-The United Auto Workers union and Chrysler are discussing a production switch that could institute a four-day, 10-hour workweek for most employees. MORE

MARYSVILLE, OH-After months of strong sales, Honda Motor Co. is finally feeling the effects of the current slump in the automotive market. MORE

DETROIT-American Axle & Manufacturing will build a new plant in Stanowice, Poland, to produce differential gears for a number of car brands in Europe. MORE

NEW YORK-With cheap oil a thing of the past, many retailers and manufacturers are rethinking their energy-intensive global supply chains. MORE