WASHINGTON, March 19 (UPI) -- The Obama administration said Thursday it will make as much as $5 billion available to help the U.S. auto parts industry get credit it needs to keep operating.
RESEARCH TRIANGLE PARK, N.C., March 9 (UPI) -- Auto parts suppliers have followed U.S. automakers to Washington, seeking federal help to survive the prolonged downturn in the automotive industry.
DETROIT, Dec. 17 (UPI) -- Parts suppliers who provide the life-blood to U.S. automakers are feeling the effects of a poor economy and slumping automobile sales, a trade group said.
CHICAGO, Nov. 7 (UPI) -- The financial crisis that began on Wall Street snaked into other economic sectors, such as the U.S. auto industry, President-elect Barack Obama said Friday.
DETROIT, Oct. 14 (UPI) -- The ailing U.S. auto industry would receive help from a Barack Obama administration, the Democratic candidate's top economic adviser said.
DETROIT, Oct. 6 (UPI) -- U.S. automobile part suppliers closed 12 plants in September, as the industry reacted to falling auto sales and reduced consumer demand, a report said.
LAS VEGAS, Feb. 3 (UPI) -- A top U.S. auto industry analyst has called for the closure of two-thirds of the nation's dealerships selling Detroit-made cars.
GRAND RAPIDS, Mich., Jan. 20 (UPI) -- Michigan analysts say the U.S. auto industry is on track to lose half of its parts suppliers by 2010, the Detroit News reported Tuesday.
TRAVERSE CITY, Mich., Aug. 6 (UPI) -- Under pressure to cut costs, U.S. auto suppliers are expanding their operations overseas, which could cost thousands of jobs in the United States.