Business Wire

Toyota Motor Corp. says it will suspend production at all of its Japanese plants for a total of 11 days in February and March because of faltering global demand.

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December.

Hyundai says it will cover the depreciation on any returned leased or financed vehicle for the first 12 months to some customers "who are stuck" and find themselves unable to make their car payments.

The steep declines in December sales that were posted earlier today by Ford and GM aren't as bad as Chrysler's.

Managed care provider Cigna says it will cut about four percent of its work force, or roughly 1,100 jobs, because of the slumping economy.