Auto market

Of all the European markets, Russia is the fastest growing. But why?

This morning the Labor Department reported the number of people applying for unemployment benefits fell by 26,000 last week to 350,000, the best number since March of 2008. Analysts point to the auto industry's seasonal production schedule as the source of the weekly dip.

Bankrupt Swedish carmaker Saab may have found a buyer. There are reports National Electric Vehicles Sweden, a company backed by investors in Japan and Hong Kong, may close a deal.

Chrysler announced plans to add 1,100 of them at its assembly plant in Detroit. The new workers will build a diesel version of the Jeep Cherokee. It's the latest of many U.S. automaker announcements for diesel cars and trucks.

Sales of compact cars are about to eclipse those of mid-size cars, and that's a good thing.

The AP reports that General Motors has emerged from bankrupcy ready to "go green."...

With a sticker price half of the world’s cheapest cars (like India’s Maruti and China’s Chery brands), the $2,500 Nano will probably...