A massive fire at a tire manufacturing plant in Carroll County is nearly extinguished.

Coachmen Industries is shifting gears to stay on course in an economy that has punished recreational vehicle-makers. The Middlebury-based company today said it is selling most of the assets of its RV business.

BERLIN : Volkswagen AG said Thursday it will focus on keeping competitive amid the financial crisis and pledged to build more efficient cars.

Honda revealed the Honda FC Sport design study model, a hydrogen-powered, three-seat sports car concept, at the 2008 Los Angeles Auto Show.

Nov. 20 - GM and Chrysler kept low profiles at the L.A. Auto Show as the Detroit 3 automakers beg for bailout money.

Stocks declined after a brief advance that came on hopes that Washington would agree to help Detroit's Big Three.

A quarter-century ago, Michigan's monthly unemployment rate hit 17 percent and so many laid-off workers left the state that bumper stickers asked, 'Will the last one leaving Michigan please turn out the lights?'

Fears of a replay now have residents feeling even gloomier in this hard-hit industrial state where the Detroit Three are headquartered.

Executives with General Motors Corp., Ford Motor Co. and Chrysler LLC have so far been unable to persuade Congress to provide billions of dollars in loans to keep them afloat.

Mention a corporate bailout in the nation's capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy.

Lately, the term 'prepackaged bankruptcy' has been gaining currency in the halls of Congress as lawmakers struggle with pleas for help from the auto industry.

The idea, embraced by some Democrats and Republicans, would extend taxpayer help in exchange for a company undergoing an accelerated Chapter 11 reorganization. The arrangement could represent a model, or a deterrent, for any other strapped companies considering seeking government help.