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    Last update: December 22, 2009

    +Ford crossover plant being idled due to parts shortage
      Labor violence at a Ford Motor Co. supplier in India has caused a shortage of transmission parts that will idle Ford's Oakville, Ontario, assembly plant next week.

    +Honda CEO says Formula One pullout was absolutely necessary
      Honda CEO Takanobu Ito says the decision to quit Formula One racing last year was absolutely necessary for the company's survival.

    +Dodge prices 2010 Rams lower than 2009 models
      Dodgeand#8217;s redesigned 2010 Ram 2500 and 3500 heavy-duty pickups all carry lower prices than the old models theyand#8217;re replacing. The base model 2010 Ram 2500 regular cab 4x2 with a 5.7-liter Hemi V-8 starts at $28,165, including shipping.

    +Autobytel red ink continued to flow in Q3
      Lead-generator Autobytel Inc., which hasn't posted a profit since 2004, narrowed its third-quarter net loss by 86 percent but still posted its biggest deficit of the year. Autobytel posted a $799,000 third-quarter loss yesterday, down from the $5.

    +Nissan adds gadgets to 2010 sedans
      Nissan is adding more consumer electronics to the 2010 Nissan Altima, Maxima and Sentra to give the sedans a mid-cycle lift.

    +Five Ford UAW plants back contract; vote continues
      Workers at five Ford Motor Co. U.S. plants represented by the UAW have backed a contract aimed at bringing the automaker's labor costs in line with rivals General Motors Co. and Chrysler.

    +VW hands U.S. advertising account to Deutsch LA
      Volkswagen of America said today it tapped Interpublic Group of Cos.' Deutsch, Los Angeles, as its new national and regional creative agency of record in a closely-watched review.

    +Kia posts record profit in Q3
      Kia Motors Corp., South Korea's No. 2 carmaker, today posted a record quarterly profit, beating market expectations. Kia is expected to continue to outpace rivals with new models and a growing appetite for fuel-efficient smaller cars, analysts said.

    +Chrysler Financial to wind down by end of 2011
      Chrysler Financial, following the directions of the U.S. Treasury Department, plans to wind down its business by the end of 2011, U.S. pay czar Kenneth Feinberg said. The lending company, which received $1.

    +VW to rely solely on iPhone app for GTI launch
      Volkswagen of America is launching the newest-generation GTI exclusively on an iPhone application, a cost-efficient approach the automaker said is a first for the industry.

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