DETROIT, Aug 1- The U.S. auto industry hasn't appeared so healthy for years. And yet, a minority on Wall Street and in the autos business are seeing reasons to be wary. Among those seeing a glass half empty is Morgan Stanley auto analyst Adam Jonas who says we may be heading towards what he terms "peak auto."» Read More
Japan's Nissan Motor said on Thursday it will recall 713,986 Altima and Sentra cars in North America, mostly in the United States, because their engines may suddenly stop running.
Long-awaited negotiations with striking transit workers began Wednesday, the eighth full day of a walkout that has paralyzed train traffic throughout France.
Nearly 32 million Americans will take to the roads this week for the Thanksgiving holiday, seemingly undeterred by retail gasoline prices over $3 a gallon — a figure that is translating to $100 fill ups for some.
French President Nicolas Sarkozy urged transport workers on Tuesday to end a seven-day national strike over pension reform and give negotiations a chance.
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A U.S. federal appeals court Thursday threw out planned federal fuel economy standards for many sport-utility vehicles, minivans and pickup trucks.
Millions of Americans will drive their cars to visit family and friends over the Thanksgiving holiday, even though gasoline is above $3.00 per gallon, travel and leisure group AAA said Thursday.
Delta Air Lines, the No. 3 U.S. carrier, said it has established a special board committee to help management review its strategic options, including mergers.
France faces travel chaos on Wednesday as transport unions broaden a nationwide strike against pension changes that President Nicolas Sarkozy has pledged as part of an ambitious plan to reform the economy.
Major companies such as Chicago-based Marriott International, the Intercontinental Group of Britain, Accor of France and Shangri-La of Hong Kong, have built networks and are expanding aggressively through the country.
The Olympic games in Beijing are a prime opportunity for US carriers to prove their worth and thus gain greater access to a key growth market.
Top Western hotel brands are already well established in Beijing and Shanghai – as well as smaller cities – and are boosting their presence, looking to capitalize on the games, which are expected to draw an estimated 2 million visitors.
Ford Motor has narrowed the auction of its Jaguar and Land Rover brands to three bids, two of them involving Indian companies, people familiar with the matter said Monday.
Chrysler plans to offer a new round of rebates in December in preparation for what is expected to be a tough sales year in 2008, the Wall Street Journal reported Friday citing people familiar with the matter.
Shares of US Airways Group led major U.S. airline stocks lower on Thursday, as the sector matched a steep decline in the broader market.
General Motors said it would book a $39 billion non-cash charge in the third quarter, reflecting the risk of a slower turnaround that could keep it from claiming expected future tax credits in key markets. GM will report third-quarter results on Wednesday.
Ford Motor agreed to keep three U.S. plants open and pour significant new investment into its other manufacturing facilities as part of a tentative contract with the United Auto Workers, union officials briefed on the deal said on Monday.
Ford's U.S. sales fell 9.3 percent in October, leaving it slightly behind rival Toyota, which reported a 4.5 percent sales increase for last month.
U.S. auto sales are expected to have dipped slightly in October, as stepped-up incentive spending by automakers could not totally offset the drag from continued turmoil in the U.S. housing market, analysts said.
Ford Motor and the United Auto Workers union Tuesday intensified the pace of negotiations for a new labor contract, a person familiar with the talks said.