General Motors Corp. Chairman and CEO Rick Wagoner says the company plans to close four pickup truck and sport utility vehicle factories in Canada, Mexico, Ohio and Wisconsin.
An industry group said Tuesday that pending U.S. home sales fell in February to the lowest reading since the index began, signaling the housing market distress is not yet over.
The United Auto Workers union and parts supplier American Axle held further talks Friday but a work stoppage over wages and benefits appeared headed into its third week.