The federal government releases proposed fuel efficiency standards for new cars and trucks today. If enacted, the new standards would be the first change to the vehicle mileage rules in 30 years. Nancy Marshall Genzer reports.
At one time, California had the toughest electric vehicle mandate in the country. Tomorrow, California Air Resources Board will update what's left of the state's zero-emissions program. Sarah Gardner has more.
The New York Auto Show opens today, and there will be a lot of talk about cars of the future. Janet Babin reports playing with the balance sheet is might be all U.S. automakers can do to weather an economic storm.
The E.P.A. recently struck down a law mandating tougher gas efficiency and emissions standards for cars sold in California. But with gas prices soaring, consumers may force Detroit's hand. Nancy Marshall Genzer reports.
GM, Ford and Chrysler have offered $100,000 buyouts to many of their hourly auto workers. But for some of those employees the money isn't worth the uncertainty of getting another job. Dustin Dwyer reports.
GMAC will be closing most of its North American auto-financing offices and even cutting jobs to save money. Jill Barshay reports this doesn't mean you can't get a General Motors car loan, but it may take longer to get approved.
Having the second-largest car market in the world, China has also been charging higher tariffs on imports of car parts from abroad. The World Trade Organization has condemned this as protectionist. Stephen Beard reports.
While General Motors lost more money in 2007 than any car company in any year, it made a substantial gain to its core automotive business. Janet Babin reports the bright spot could be due to the company's turnaround plan.
Venezuela has begun moving oil revenues into Swiss banks to avoid a possible seizure of funds by Exxon Mobil. The move creates a new chapter in the legal fight between Venezuelan President Hugo Chavez and one of America's biggest companies. Dan Grech reports.
Chrysler has decided to reduce the number of models sold under its Chrysler, Jeep and Dodge brands. The company also plans to reduce dealerships, which could result in costly buyouts. Jeff Tyler reports.
