The U.K. is considering a program that would pay drivers nearly $3,000 to trade in their old cars for new ones. But the proposal wouldn't guarantee that the new vehicle be a fuel-efficient model. Christopher Werth reports.
The Obama administration wants Chrysler to reduce its debt drastically before it seals its deal with carmaker Fiat. But some of its largest creditors aren't willing to make the concessions the government wants. Ashley Milne-Tyte reports.
Despite its struggles, General Motors is planning to increase its sales in China. Scott Tong reports from the Shanghai International Auto Show on why GM and other automakers are zooming to the Chinese market.
General Motors has been looking for ways to restructure its European operations. Its latest deal could net a big investor Germany's Opel and the U.K.'s Vauxhall with no real financial gain for GM. Christopher Werth reports.
Chrysler is talking to the Canadian Auto Workers union today, demanding it accept a big cut in wages and health care. Caitlan Carroll reports talks in Canada could be a precursor to what happens in talks with autoworkers in the U.S.
First-quarter numbers suggest Volkswagen may have pulled ahead of Toyota and General Motors in global sales. Stephen Beard reports how the automaker has benefited from its powerful presence in emerging markets like China and Brazil.
Chrysler has 16 days to make a deal with Italian automaker Fiat at the risk of losing government money and returning to bankruptcy court. First priority for Chrysler: paying back banks and hedge funds. Jeremy Hobson reports.
As GM considers bankruptcy, the company's stakeholders are worrying about losses on their investments. Some bondholders may see returns on their money, but others could be arguing over pennies. Jeremy Hobson reports.