Automobiles

Fed-backed bankruptcy?
Moody's credit rating agency puts likelihood of a prepackaged bankruptcy with federal aid at 70%. 
 
For car shoppers ...

Models to savor
Ron Amadon looks at a Ford Flex, (above), a Rolls Royce droptop, and more.
See Auto Reviews & Roundup
Slideshow: 2009 Toyota Corolla LE

A day at the races
The car industry is in the tank but pricey racing schools like Jim Russell's at Infineon Raceway are still drawing fans.

Third Quarter Earnings
GM'
s cash burns; no merger
Automaker hands in another big loss and says merger talks are off.
Toyota, BMW also feel the heat
Goodyear sales buck downtrend
Challenger: Big layoffs on the way
GM eyes even more reductions

Ford losses mount
Blue Oval suffers another loss and sets more cost cuts as cash pile dwindles
Kerkorian lightens load

First Take: Car deflation looms
One of the auto industry's biggest parts makers predicts only 9.3 million vehicles will be sold in the U.S. next year, down from 16 million in 2007 and 18 million cars sold in the go-go year 1999.
UAW chief calls for speedy help from White House

Another brutal month of sales
Automotive industry November U.S. sales hit levels last seen in in 1983; GM hit hard but Japanese also feel the drag.
Analyst: Worse than miserable sales
A product offensive in China

Ford looks to sell Volvo
After standing by Swedish nameplate amid other brand sales, Ford is now forced to consider all options amid industry turmoil.
First Take: Can Sweden help save the Blue Oval?

GM reins in production plans
Detroit giant slashes its first-quarter production schedule by 250,000 cars and trucks, bringing 30% of its assembly-line volume to a halt amid a brutal climate for dealing cars.

Troubles in Japan
Honda slashes profit outlook
Automaker cuts its forecast the fiscal year by 62% and postpones the opening of a new plant in Japan, as auto sales slumps and a stronger Japanese currency weighs on overseas profits.

Prius plant put on ice
Toyota, in the latest bit of evidence to show auto industry woes extend well beyond Detroit, says it expects to delay the start of production at a plant currently being built in Mississippi.
Toyota slapped with a rare credit downgrade
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