Government

Visteon, the automotive supplier currently going through bankruptcy proceedings, is seeking to rid itself of pension obligations for 21,000 current workers and retirees. It wouldn't mean the end of pensions for the workers, but the payments would be taken over by the Pension Benefit Guaranty ...

Tennessee Senator Bob Corker had this opinion of OnStar a month ago: "Each month I get the bill for OnStar and [I think], 'I don't want to pay this again.'" Then his daughter Julia was carjacked in Washington D.C. last week driving ...

In the beginning of the decade, before SsangYong got into really deep doo-doo, the Korean automaker began work on a hybrid control unit (HCU) with German engineering firm FEV. From 2004 to 2008, as the research continued, the South Korean government provided nearly half of the financial resources ...

When General Motors entered into Chapter 11 bankruptcy over the summer, its bad assets were moved into a firm called Motors Liquidation Company (MLC). That company was capitalized with more than 600 million shares that were meant to be worthless; however, quite the opposite has happened: with its ...

The Alaskan Way Viaduct (AWV) is an elevated roadway running along the Elliot Bay Waterway in Seattle. An earthquake in 2001 damaged the viaduct, and the structural degradation has only gotten worse over the years. To ...

When the Utah DOT raised the speed limit on two pieces of I-15 from 75 mph to 80 mph, it discovered that driving habits didn't change. When the limit was 75 mph, the Utah DoT found that drivers were going between 81 and 85 mph. And now that the maximum limit is 80 mph, it has found that drivers ...

The place is Finland. The car is a Mercedes 300 wagon. The place is Finland. The protrusion, like the figurehead adorning Ahab's Pequod, is a harpoon. Instead of catching whales, however, this harpoon was reportedly to be used to ...

When Former President George W. Bush spoke to the Montreal Board of Trade recently, he made a public appeal to the Obama administration to "get out of the private sector," adding "I hope our government gets out of the autos and the financials in which they have a stake." His premise is that it ...

Remember California's "Cool Cars" regulation? Coming into force in 2012, the rule requires manufacturers to install windows that prevent 45% of the sun's energy from entering a vehicle by 2014, and 60% by 2016. It's the law that no one thinks is cool at all. In a minor victory against The Golden ...

Cedric Glover, the mayor of Shreveport, Louisiana, went to Washington, D.C. to plead his case for the sale of Hummer to Tengzhong. The only thing is, we're not sure why he went. To be more precise, we do know that he wants to protect jobs at GM's Shreveport plant that builds Hummers. The plant ...