The separate brands are expected to survive a merger of their parent companies.

Australia has told big Chinese automakers Chery and Great Wall to recall thousands of vehicles after discovering asbestos in their auto parts.

Banks are willing to lend to buyers with subprime credit ratings again. Now you can be underwater on your car as well as your house.

Chrysler's sales surge and buoy Fiat, the company that rescued it. The reversal reflects the relative strength of the U.S. economy over Europe.

Chrysler says this morning it sold more cars this July than it has in five years. Volkswagen and Nissan also reported stronger U.S. sales numbers. Expect consistent sales for the coming year as reliable models like the Honda Accord come in high volumes in 2012.

The lending market for vehicle loans has softened, helping to drive car sales. Some lenders are even courting subprime borrowers.

When the government divests more than 500 million shares of General Motors, stock acquired in the bailout deal could affect the price.

Six years ago, Ford lost billions when SUV sales stalled. It borrowed billions, and put up factories and its famous trademark as collateral. After a major restructuring, the automaker has earned an investment-grade rating from Moody's.

The carmaker survived the recession by selling all its assets back in 2006, and now it's able to get it all back.

Vice President Biden is in Ohio to tell voters the bailouts brought back jobs to the state.