The latest in line for financial help from the feds are the auto makers. They're in Washington to ask for government-backed loans to retool their factories for fuel-efficient cars. John Dimsdale reports.
The American auto industry's economic woes have spread to England. Toyota will be the first major car maker in that country to scale back output. As Stephen Beard reports, it's a sign the slowing European economy is taking its toll.
For all the talk about building smaller, more fuel-efficient models, Detroit's automakers are just now taking some simple steps to improve the mileage of the cars they sell. Steve Henn reports.
A survey out this morning finds that U.S. nameplates are losing ground to foreign luxury brands in customer satisfaction. Dan Grech reports the gap between Japanese and U.S. car brands is widening.
The lower-than-expected turnout at the Olympics is disappointing for corporate sponsors and companies that wanted to do business in China during the Games. But they're hanging in there, Scott Tong reports.
Sales of motor vehicles dropped last month and electronics numbers were also low. Alisa Roth reports retailers are cautious as spending slows, but things may pick up in August as students return to school.
Chrysler's owners say they're considering having Nissan or another car company design vehicles that would be sold under the Chrysler brand. Bob Moon reports how the working relationship could benefit both companies.
Today, Toyota will be halting production of the Tundra, its full-size, gas-guzzling pick-up. Sales of the vehicle are down 15 percent and the production suspension could last for months. Renita Jablonski reports.
Touted as the world's cheapest car, the Nano might not be as low-cost as once thought. Scott Jagow talks to reporter Mehul Srivastava about what Tata plans to do to try to keep Nano pushing forward despite price promises.
Stiff foreign competition is reportedly driving two domestic rivals to consider a big partnership. Ford and GM may be teaming up to develop new engines. Alisa Roth reports.
