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Ford caps orders on '11 Shelby Mustang GT500

Time is running out to get a 2011 Ford Shelby Mustang GT500. More than 3,300 orders have been placed for the instant icon--arguably the best ‘Stang ever--and Ford is capping orders for this model year at 5,500. Do the math: That means 2,200 or fewer remain.

UAW says it has accord with Chrysler, Fiat , U.S.

The UAW said it reached a labor agreement with Chrysler LLC, Fiat S.p.A. and the U.S. Treasury Department.

GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.