Chrysler May Soon See More Federal Aid

In addition to state tax credits from Michigan — and the billions of dollars already loaned it by U.S. taxpayers in the form of last year’s bailout — Chrysler may soon get approval for billions more in loans from the Departme…

Ford to Spend $850 Million to Overhaul Michigan Plants

Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.

The capital improvements are part of the company’s plan to upgr…

Will Toyota Build a Second Mexico Plant as Yen Surges?

Toyota may build another factory in Mexico to produce small cars as the world’s largest automaker shifts more capacity outside Japan to remain competitive. The yen’s strength on world markets is said to be prompting the move.
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