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Stretch of Los Angeles's 405 freeway to close this weekend; residents prepare for the worst

So you think you're struck in road-construction hell? Los Angeles residents have braced themselves for “carmageddon” this weekend. Starting before midnight on Friday until early Monday morning, 10 miles of the northbound Interstate 405 will be closed between U.S.

General Motors to invest more than $850 million to build new V8s

General Motors Co. said Tuesday it will invest more than $850 million to upgrade five North American factories to make its next-generation V8 engines more fuel efficient. The new V8s will differ from the current versions by using direct injection and a new combustion system, spokeswoman Sharon Basel said.

Chrysler, Hyundai set pace as auto sales rise 11 percent

Chrysler Group, Volkswagen Group, Hyundai and Kia set the pace as U.S. light vehicle sales rose 11 percent in January from a year ago, signaling the industry's recovery is gaining traction. Chrysler's sales advanced by 44 percent last month, and volume climbed 40 percent at the Volkswagen Group.