General Motors has lost money in Europe every year since 1999. After three years at the helm, chief executive Mary Barra has had enough.

It requires serious renovation but this West Cork building comes with motoring history.

US employers boosted payrolls in April by the most in two years and the jobless rate plunged to 6.3% as companies grew confident the American economy is emerging from a first-quarter slowdown.

US vice president Joe Biden says the US government’s wager on the motor industry has paid off.

Ford India has apologised for a series of advertisements featuring caricatures of bound and gagged women in the boot of a Figo car driven by former Italian prime minister Silvio Berlusconi.

The US Treasury Department said tonight it will provide a $1.5bn loan to Chrysler LLC’s financing arm to be used for new vehicle loans in hopes of boosting sales and ultimately returning the car maker to profitability.

Buyers returned to Wall Street today, sending stocks higher in a session that was marked by indecision even as the Dow Jones industrials closed up 270 points.

Wall Street kept up a broad winning streak today, giving blue chip stocks their fifth straight advance as investors looked for clues about whether dire predictions for the holiday shopping season would prove accurate.

US stocks finished another volatile session mixed today, as gains in the energy, utilities and materials sectors offset some of Wall Street’s angst over the fate of Lehman Brothers.

BILL MELENDEZ, the animator who gave life to Snoopy, Charlie Brown and other Peanuts characters, has died aged 91.

Wall Street rallied today after the US government’s jobless claims data and Ford Motor’s first-quarter results helped reinject some optimism about the economy into the market.

Wall Street ended a tumultuous week by turning cautious today, giving up sizeable early gains and closing sharply lower as investors cashed in profits before the weekend.

Wall Street drifted to a modestly higher finish today as investors sought bargains after last week’s selloff and disappointing earnings in the financial sector raised fresh concerns about corporate profits.

Stocks in the United States meandered through a listless session today, ending lower as investors ignored generally benign economic data and looked ahead to 2006 with a mix of optimism and concern.

Bill Koenig, Bloomberg

Jaguar today said a £534m (€756m) cash injection had been agreed with owner Ford to cover the cost of abandoning its growth plans last year.

Ford Motor Co’s profit in the second quarter almost tripled to $1.2 billion, bolstered by earnings from car and truck loans. The number two US carmaker forecast profit for the current quarter below analyst estimates.

Hewlett-Packard says it has signed its "largest-ever imaging and printing services contract" with Ford Motor .

Ford Motor has announced that the executive in charge of the Mazda brand is to help run its money-losing European operations.

DEFENDING champion Tiger Woods will not be the only focus of attention when the Masters golf tournament gets underway on Thursday.

The US stock market greeted news of military attacks on the Taliban in Afghanistan quietly today, with prices falling moderately as investors tried to discern what the action would mean for the country and the economy.