The U.S. chemicals giant announced a $140 million joint venture with a Danish company to produce ethanol from non-food sources. It could be a valuable fuel source, but don't expect corn prices to drop just yet. Sam Eaton reports for the Sustainability Desk.
Toyota reported a 28% drop in quarterly profit today. The Japanese car maker has steered clear of the auto industry's troubles so far. Now, Stacey Vanek-Smith reports, Toyota will hike the prices on some popular models.
Ford Motor Co. is going to start installing a new kind of transmission in nearly all of its vehicles that it says will make them more fuel-efficient. Sam Eaton reports.
Chrysler has announced that customers who buy or lease one of its selected new cars in the next few weeks can lock in lower gas prices for three years. What is it thinking? Amy Scott reports.
Remember back when you could get a gallon of gas for under $3? Chrysler is offering its customers a bit of a flashback. Through early June, customers who buy or lease a new Chrysler will get a price break on gas. Amy Scott reports.
GM lost more than $3 billion so far this year. But hey, that's nothing compared to the $38-billion the automaker lost last year. The company blames challenging market conditions and ongoing labor issues. Janet Babin reports.
The automaker beat the odds today, posting a net income of $100 million. Strong sales in Europe and South America, and employee buyouts are cited as contributing factors. Jill Barshay reports on the turnaround.
The automaker bucked the odds today, posting a net income of $100 million. Strong sales in Europe and South America, and employee buyouts are cited as contributing factors. Marketplace's Jill Barshay reports on the surprising news.
America's hunger for energy-efficiency cars isn't doing much for auto makers whose lineups favor pickup trucks and SUVs. One of those, the Ford Motor Company is expected to report a fourth-quarter loss today. Jill Barshay reports
On a day when crude oil topped out just shy of $120 a barrel, the Transportation Department issued new fuel economy standards for cars and trucks — the first major changes to automobile mileage rules in 30 years. Sam Eaton reports.