Austan Goolsbee, a member of President Obama's automotive task force, speaks to Tess Vigeland about why the White House is dissatisfied with the auto industry's progress and why it pushed for the resignation of GM CEO Rick Wagoner.
The Obama administration's force out of GM CEO Rick Wagoner is supposed to help the automaker survive. But commentator Kevin Hassett says for the automaker to thrive, Wagoner's not the only one who should go.
Automobile Magazine's editor-in-chief Jean Jennings speaks to Tess Vigeland about how the troubles with GM and Chrysler may impact other automakers and auto parts suppliers.
Some analysts say the ouster of Rick Wagoner as GM's CEO may be the first step toward pushing the automaker to bankruptcy. As Bob Moon reports, it may also be the quickest route toward ending a long and bumpy journey.
The Obama administration is pressuring Chrysler to merge with Italian automaker Fiat, which could be a good thing for the company. European correspondent Stephen Beard gives Stephen Chiotakis a breakdown of the deal.
The replacement of General Motors CEO Rick Wagoner comes in close step with the Obama administration's preparations to give more aid to the auto industry. Jeremy Hobson reports why Wagoner's departure may be a good political move.
Indian carmaker Tata Motors is launching its Nano today, touted as the world's cheapest car at $2,000. But while the vehicle comes at a time of slow financial growth for India, Raymond Thibodeaux reports it's still a good move economically.
Germany's economic minister met with GM officials on whether the company's European operations can expect financial help. The country is reluctant to aid for fear some cash may end up in Detroit. Christopher Werth reports.
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.
