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MEXICO CITY-General Motors Mexico is temporarily shutting down assembly lines at three of its Mexican car factories in response to falling demand. MORE

TOKYO-Despite already having invested some $300 million in the facility, Toyota Motor Corp. is putting its Blue Spring, MS, Prius plant on hold due to the current recession. MORE

WASHINGTON-The White House says a bailout package for the Big Three automakers could be completed by as early as this Wednesday. MORE

DETROIT-General Motors will cut North American production to 425,000 vehicles in the first quarter of 2009, fewer than half the total it built in the first quarter of 2008. MORE

TOKYO-Toyota and other Japanese carmakers say the bankruptcy of any of Detroit's Big Three would spell serious trouble for them as well. MORE

WASHINGTON-The White House is signaling that a relief plan for embattled U.S. automakers is on the way. MORE

CANTON, IL-Cook Medical Group will begin construction here this month on a new assembly plant for medical devices. The 45,000-square-foot plant is expected to be complete by fall 2009. The $5-million factory will initially employ 50 to 75 people and is expected to grow to an estimated 300-plus employees over a few years. MORE

CANTON, MS-Nissan will retool its assembly plant here to make commercial trucks instead of pickups and SUVs. The Nissan Quest minivan, Armada and Infiniti QX56 SUVs will be phased out in 2010, when the Japanese automaker begins assembling a light commercial truck based on the Cummins-powered NV2500 concept vehicle. MORE

WASHINGTON-The Bush Administration said Friday it would consider using money from the Wall Street bailout to aid domestic carmakers.

“Given the current weakened state of the U.S. economy, we will consider other options if necessary-including use of the TARP program-to prevent a collapse of troubled automakers,” White House spokeswoman Dana Perino said in a written statement, referring to the Troubled Assets Relief Program, which has sent billions of dollars to troubled financial firms. MORE

WASHINGTON-Last-minute talks in Congress to save General Motors Corp. and Chrysler LLC from collapse fell apart late Thursday after Senate Republicans rejected a compromise $14 billion auto bailout deal.

With GM and Chrysler in danger of collapse within weeks, their only chance for survival may be the Bush administration, which could tap the remains of the $700 billion Wall Street bailout package, something the White House has previously rejected. About $15 billion remains in the first $350 billion in the fund. MORE