LANSING, MI-Although Michigan’s three major automakers plan on cutting work rolls dramatically in the coming months, analysts say it shouldn’t cause too much damage to Michigan’s economy. MORE
AUBURN HILLS, MI-Chrysler plans to lay off about 320 workers at its Detroit Axle plant next week and has told hourly workers at its Sterling Heights assembly plant that buyout packages are on the way there as well. MORE
CARACAS, Venezuela-President Hugo Chavez's government has decided to limit foreign car imports this year as Venezuela looks to increase the number of autos assembled domestically. MORE
DETROIT-Volkswagen of America chief executive Stefan Jacoby says his company is close to making a final decision regarding an assembly plant in the United States. MORE
DETROIT-General Motors Corp.’s reign as the undisputed automaking king of the hill has officially ended, as sales totals for 2007 show the automaker tied with Japan’s Toyota Motor Corp. MORE
LODZ, Poland-Computer maker Dell Inc.’s newest and most advanced manufacturing facility can now be found in Poland, where the company hopes to tap into the growing computer market in Central and Eastern Europe. MORE
LONDON-Despite an uncertain business climate, British manufacturing held steady in the last three months of 2007, with export orders growing even faster than they did earlier in the year. MORE
TORONTO-Ontario Premier Dalton McGuinty is threatening to impose trade barriers on automobiles imported from South Korea unless that country opens up its market to cars and trucks made in Canada. MORE