(NEW YORK)The executive chairman at auto supplier Visteon Corp. sold 1.4 million shares of common stock following their automatic conversion from restricted shares, according to a Securities...READ MORE

(NEW YORK)A Wall Street rally Friday helped offset some of the losses posted by auto stocks earlier this week, allowing some of them to finish not too far below where they started.READ MORE

(NEW YORK)Shares of auto suppliers mostly fell Tuesday as hopes began to fade that Congress would approve a financial bailout for the automotive industry. Treasury Secretary Henry Paulson to...READ MORE

(NEW YORK)Standard & Poor's cut its ratings on two auto parts suppliers and warned several others could be next, citing the steep downturn in the auto industry.READ MORE

(VAN BUREN TOWNSHIP, Mich.)Auto-parts maker Visteon Corp. said Friday Michael F. Johnston is retiring from the company and will be succeeded by Chief Executive Donald J. Stebbins on Dec. 1.READ MORE

(NEW YORK)Canadian auto parts maker Magna International Inc. said Tuesday it lost $215 million in the third quarter, citing a continued decline in North American vehicle production that spre...READ MORE

Evidence of a recession grows higher WASHINGTON (AP)--Consumer spending dropped in September by the largest amount in four years, while incomes suffered because of Hurricane Ike.READ MORE