BERLIN (AFP) - Sports car manufacturer Ferrari intends to cut its vehicles' greenhouse gas emissions by nearly half and is working on developing hybrid vehicles, the company president said Saturday.

BEIJING - Chrysler LLC, looking for foreign partnerships to help drive its business as U.S. sales slump, announced a deal with China's Great Wall Motor Co. on Friday to study sharing technology, components and distribution.

A record 151,169 vehicles were imported into Canada from the U.S. in the first half of 2008 - twice the number imported during the same time period last year, according to industry figures released Friday.

DETROIT - Faced with soaring gas prices, a sputtering economy and a rapid market shift in the United States away from trucks, the U.S. auto industry's weakest player, Chrysler, may have to file for bankruptcy or sell its storied Jeep and Dodge Ram brands as early as next year, JPMorgan said Thursday.

Volkswagen Canada has announced that its sales totalled 3,898 new units for June 2008, a 3.2% increase compared to June 2007, and that it finished its best second quarter for sales in 7 years.