Japanese exports marked their biggest decline in seven years in October, causing the country to post its second trade deficit in three months, adding to the grim outlook for the world's second-largest economy.

Isuzu Motors Ltd. will shed all temporary and part-time manufacturing workers, a spokeswoman said Thursday, the latest of Japan's automakers to scale back production as overseas demand fades.

While U.S. automakers scale back their presence at the Los Angeles Auto Show, Nissan Motor Co. was determined to make a splash, unveiling three new vehicles Wednesday.

The leaders of General Motors Corp. and the United Auto Workers union told Congress this week that a new union contract will virtually erase the labor cost gap between GM and foreign competitors with U.S. factories. That's not quite true, according to GM's own figures.

American Honda Motor Co. on Wednesday unveiled its FC Sport design study model, which reconfigures the company's fuel cell technology into a lightweight, three-seat sports car concept.

American Honda Motor Co. said Wednesday it plans to introduce its Ecological Drive Assist System, a new interactive fuel-economy enhancement technology, on the new Honda Insight this spring.

While U.S. automakers scale back their presence at the Los Angeles Auto Show, Nissan Motor Co. was determined to make a splash, unveiling three new vehicles Wednesday.

If Congress turns its back on the Big Three auto makers—as many expect—investors probably won't drive the stock market off a cliff.

Small-business owner Greg Mohr was hopping in and out of cars at the Los Angeles Auto Show, but he isn't in the market to buy one. Neither are retirees Greg and Pinkie Stanley, or trucker Jorge Vidrio.

Shares of General Motors Corp. sank to a 66-year low Wednesday, as top executives of U.S. auto companies continued to press their case for federal aid to Congress.

While two of the Detroit Three have no new models to unveil at this year's Los Angeles Auto Show, Ford Motor Co. stayed in and will show off a revamped midsize car that is an example of how serious it is about gas mileage and about clawing its way back into the car business.

Mazda spent 17.8 billion yen ($184 million) to buy back 6.8 percent of its own shares from cash-hungry Ford Motor Co., the Japanese automaker said Wednesday. Several other companies bought smaller stakes.

If it's no surprise that Michigan lawmakers are behind the pitch for a $25 billion lifeline for Detroit automakers, then it might be just as predictable that Southerners would be leading the charge against it.

If the US auto industry is to survive, it will have to undergo a major transformation—slashing operations,  focusing on fewer models, shedding dealerships and making better cars, analysts say.

General Motors Corp. put three new models for China on show Tuesday, maneuvering to keep its edge in a market vital to its future as it struggles for survival back home.