BEIJING-China's Chery Automobile Co. is planning to invest $422 million to buy an existing manufacturing plant in Russia, its biggest market. MORE

ADELAIDE, Australia-Automaker Holden Australia says a major export deal with Pontiac includes production of two new cars for the North American market. MORE

CAMBRIDGE, Ontario-The International Association of Machinists says it has enough support to represent workers and gain union recognition for the first time at Toyota in Canada. MORE

DETROIT-Toyota Motor Corp. is cutting the pace of production of full-size Tundra pickup trucks and Sequoia SUVs in response to "sluggish demand for those vehicles in the face of record gasoline prices.” MORE

PRAGUE-The chairman of Czech automaker Skoda says China and Russia could be the company’s largest markets within 5 years. MORE

LOS ANGELES-Honda is transferring production of its Ridgeline pickup truck from Canada to a plant in Alabama. MORE

WASHINGTON-Northrop Grumman CEO Ronald Sugar says his company plans to build four factories in the United States to build aerial refueling tankers for the Air Force. MORE

CHICAGO-Analysts say there may be some merit to Boeing’s complaints that Northrop Grumman and the European Aeronautic Defense and Space Co. were unfairly awarded a contract to build the Air Force’s new aerial refueling planes. MORE

DETROIT-The ongoing American Axle strike may be a sign that, despite last year’s epic labor deals, the Big Three may not yet be out of the woods. MORE

DETROIT-The two sides are talking by phone instead of face-to-face, a bad sign in the two-week-old dispute between American Axle and the United Auto Workers. MORE