Car maker BMW announced it's going to cut thousands of jobs next year. Although the company wants to cut its costs, it's not squeezing its staff because of the same problems facing Detroit. Alisa Roth reports.
European car maker Fiat is considering building a factory in the U.S. to take advantage of a cheap dollar. Scott Jagow talks to Megan Williams about whether this continental jump could become a wider trend.
From mortgage payments to paying off credit cards, many consumers are finding it difficult to foot money for the bills on time. Jeremy Hobson reports how many Americans are trying to put out fires.
Instead of waiting until you buy a hybrid to reduce your eco-footprint, why not make your vehicle electric now? James Nestor has more on a company that has been converting gas cars to electric for decades.
Environmentalists have been pushing car companies to put plug-in hybrids on the market because they would use even less gasoline than current hybrids. Well, they're here. Sort of. Sarah Gardner reports.
Delphi is in bankruptcy court today with the intention of getting out. The company hopes to emerge from the filing this year to avoid severe penalties. Alisa Roth reports on the consequences if they don't pull through.
The LA Auto Show previews to the media today with an emphasis on big, green vehicles. Renita Jablonski tells us how GM is trying to sell a Cadillac Escalade without the guilt, and what Chrysler is using as competition.
Ford's third-quarter numbers reflected a loss not as big as Wall Street analysts originally thought. Alisa Roth reports on how the company has managed to cut its losses, despite wan sales.
General Motors looked like it was on the upswing until this morning, when reports showed the company lost a record $39 billion in the last three months. Amy Scott reports the trouble came from accounting . . . and subprime.
Ford and the UAW are in the final stages of an agreement, with workers' approval of the deal the last thing pending. Alisa Roth reports the new contracts draw similarities to those struck with GM and Chrysler.