DaimlerChrysler's supervisory board on Wednesday formally cleared the way for the sale of most of the company's money-losing U.S. unit, Chrysler Group, to private equity firm Cerberus Capital Management LP.

QSI Corporation, MicroLink Devices and American Taxi Dispatch, Inc. announce the trial deployment of a new, full featured, low-cost taxi dispatching system. The system will be tested this Fall and subsequently rolled out to the entire American Taxi fleet,...

THE automotive industry has been hit hard by the shortage of paint in the past four weeks ensuing from foreign currency constraints.