auto analyst: chrysler is in danger bankruptcy, sale may be needed, jpmorgan says
detroit - faced with soaring gasoline prices, a sputtering economy and a rapid u.s. market shift away from trucks, the u.s. auto industry's weakest player, Chrysler, might have to file for bankruptcy or sell its storied Jeep and Dodge Ram brands as early as next year, JPMorgan said Thursday.
auto insurer progressive posts drop in earnings
auto insurer progressive corp. on thursday reported a drop in second-quarter net income as it absorbed higher claims from natural catastrophes and wrote off $40.8 million in investments.
update: mexico's June Auto Output Down 1.2% To 189,595 Units
mexico city -(dow jones)- mexico's auto industry produced 189,595 units in June, down 1.2% from the same month last year, the auto industry association AMIA said Thursday.
highlights from the auto show
from the archive: sunday, jan. 13, 2008 dramatic and important new cars and trucks from around the world will debut in detroit's Cobo Center today at the 2008 North American International Auto Show.
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