Every day seems to bring news of another company with shaky finances.
On July 15, it was General Motors (GM) trying to mend a broken balance sheet. The automaker is cutting costs and canceling its dividend as part of efforts to raise a much needed $15 billion.
And this is a particularly difficult time to be cash-hungry. [...]

DETROIT — Toyota acknowledged Thursday that, like its rival automakers in Detroit, it misjudged the drastic swing in the American market away from larger vehicles. With sales of pickups and big S.U.V.’s tumbling, Toyota said it would shut down truck production at two United States plants for three months and consolidate its pickups into one [...]

DETROIT — Toyota acknowledged Thursday that, like its rival automakers in Detroit, it misjudged the drastic swing in the American market away from larger vehicles. With sales of pickups and big S.U.V.’s tumbling, Toyota said it would shut down truck production at two United States plants for three months and consolidate its pickups into one [...]