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Automakers Suffer February Double Whammy

AP | DEE-ANN DURBIN | Posted 05.25.2011 | Business

DETROIT — Automakers got hit where it hurts in February, with U.S. sales of their most profitable vehicles _ trucks, sport utilities and large s...

GM Announces New Hybrid System

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — General Motors Corp. says it expects to bring its first lithium-ion battery powered hybrid engine system to market in North America in...

Oil Hits Record High, Hurting Nearly All

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The price of oil gushed to a record high Monday, spreading dangerously to factories, groceries, gas stations and every citizen's po...

Volkswagen's Profit Soars in 2007

AP | MATT MOORE | Posted 05.25.2011 | Business

BERLIN — Volkswagen AG, Europe's biggest automaker, said Friday that its profit climbed about 50 percent in 2007 as it sold a company record of ...

Toyota Beats Ford To Become No. 2 U.S. Carmaker

AP | Posted 05.25.2011 | Business

Toyota Motor Corp. overtook Ford Motor Co. to become the No. 2 automaker by U.S. sales in 2007, using new products and relentless strategy to break Fo...