Ford Trims Q4 Loss to $2.75B; Plans Job Cuts

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• Ford to Offer Self-Park Cars; Kerkorian Sells Stake

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  Ford plans to offer two models with a self-parking function at the Detroit auto show next month, the Wall Street Journal reports, in the continuing effort to woo buyers with new technology. But  the company's image among investors remains tarnished, as billionaire Kirk Kerkorian confirmed yesterday that he sold his remaining shares in the automaker.
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• This Ain't Charity: Detroit Must Win Consumers Back

  Dec 19, 08 4:51 PM CST
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• Why Asian Automakers Don't Want Detroit to Fail

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  As Detroit’s Big Three await word on the fate of their much-needed bailout, an unlikely group of supporters has assembled in their corner: foreign automakers. A collapse of General Motors, Ford, or Chrysler would devastate overseas manufacturers as well, CNNMoney reports, spreading bankruptcy to suppliers around the globe and forcing dealer networks worldwide to replace failed brands. More »