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• Worst summer for layoffs since 2002
Hopes of a late-summer reprieve in layoffs were dashed by heavy downsizing in the automotive and government sectors, where employers announced 17,233 and 12,328 job cuts, respectively," said John Challenger, chief executive of Challenger, Gray ...
• GM deal leaves 15 factories pondering future
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• Cerberus takes control of Chrysler
We are excited about realizing this monumental opportunity to help bring an American automotive icon back to a path for profitability and long-term success,” Snow said Friday in a news release. Former Chrysler executive Wolfgang Bernhard, a senior ...
• The best- and worst-selling vehicles of 2007
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• Saturn’s new Aura breaks with tradition
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