The E.U. is slowing the flow of U.S. biodiesel into Europe. As of today, all American exporters will have to pay a tariff to sell the plant-based fuel over there. Caitlan Carroll reports how much more U.S. biodiesel will now cost in Europe.
There used to be a time when Americans frowned upon going into debt. But historians say that changed nearly 100 years ago. Stephen Smith looks back on how our debt-driven society hit the gas with General Motors.
Rumors are circulating of a few Chinese companies looking to make bids on brands owned by GM, Chrysler and Ford. The move would help China's automakers in their efforts to go global. Scott Tong reports.
The Obama administration's auto team is in Detroit today sussing out uncertainty over General Motors and Chrysler's rescue plans. The government has until March 31 to decide whether to hand over more aid. Ashley Milne-Tyte reports.
Struggling automaker GM has been approaching individual European governments for help. Now the European Union is calling for a crisis meeting with countries that have GM factories. Christopher Werth reports.
In an SEC filing, General Motors said this morning that bankruptcy is a real possibility if it cannot stop the financial bleeding and generate some cash. Bill Radke discusses what else GM fears with TheDetroitBureau.com's Paul Eisenstein
General Motor's European division is threatening to cut jobs if one of several countries doesn't step up with a bailout. Layoffs would be centered around Opel, GM's German division. Christopher Werth reports.
The American Trucking Association is pushing an initiative to allow bigger trucks on the road. They say it's good for the planet, but opponents argue it'll hurt independent truckers. Sadie Babits reports.