DETROIT-Chrysler CEO says that while the company hit all its financial targets in the first quarter of 2008, the Auburn Hills automaker still won't make a profit this year. MORE

PEORIA, IL-First-quarter profits rose 13 percent for Caterpillar Inc., due in large part to strong demand overseas. MORE

SHANGHAI-Higher labor costs, a strengthening Chinese currency, soaring raw-materials prices and a slowing global economy are testing the Chinese economy as never before. MORE

TOKYO-In response to slumping sales, Hino Motors Ltd. is shutting down an assembly line at TABC Inc., a Toyota parts maker in Long Beach, CA. MORE

DETROIT-The bitter labor stalemate between American Axle and Manufacturing Holdings Inc. and the United Auto Workers may be coming to an end. MORE

TOKYO-Toyota Motor Corp. is building a second plant on the site of Toyota Kirloskar Motor Private Limited, its automobile production base in India. MORE

LONDON-Once known for its coal mines and polluting heavy industry, Wales is now cashing in on low carbon energy generation by combining its natural resources in renewables with innovation in clean technology. MORE

QUERETARO, Mexico-Bombardier’s decision to build a new aerospace plant in Mexico has workers north of the border wondering if even “high tech” manufacturing jobs are safe anymore. MORE

COLOGNE, Germany-Despite an overall softening in demand, Ford of Europe has increased its market share to 9.9 percent across Europe’s 19 major markets. MORE

WASHINGTON-The Foreclosure Prevention Act currently under review in Congress includes billions of dollars in tax breaks for automakers, airlines, alternative energy producers and other struggling industries. MORE