The unemployment rate has surpassed 10 percent for the first time since 1983, and is likely to go higher. The AP's Mark Hamrick says this is the 22nd month the economy has lost jobs, the longest on record. (Nov. 6)
Chrysler plans to overhaul its cars with technology from its new Italian partner, Fiat SpA, and it says it has the cash to pay for the changes. Many auto analysts, however, are skeptical about the company's future. (Nov. 4)
General Motors' decision to keep its Opel and Vauxhaul subsidiaries has shocked Europe. Politicians are astonished and concerned and want more information. Many autoworkers are angry. (Nov 04)