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    Report: Memo says Bush administration almost pushed GM and Chrysler into earlier bankruptcy
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    2008 was one crazy, almost surreal year. It was the year when the economy took a nosedive, and the U.S. auto industry nearly ceased to exist. One of the last major decisions former President Bush made before he left office was to give Chrysler and General Motors a combined $17.4 billion to keep ...

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    Consumer groups back 54.5 mpg standard as hearings commence
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    Experts have already predicted that toughened fuel efficiency standards will lead to cleaner air and help wean the United States from its reliance on foreign oil. Turns out, they could benefit consumer's wallets too. That's the conclusion of the Consumers Union and Consumer Federation of ...

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    Report: Romney blames Obama for GM layoffs
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    "The president is going to go after me. I'll go after him." That pretty much sums up every presidential race in recent memory, where it seems attacking the opposing side is just as important as proving your own personal worth. And the 2012 U.S. presidential election, unsurprisingly, is shaping up ...

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    Report: New trade agreement may mean more domestics sold in South Korea
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    In 2010, domestic automakers shipped about 7,500 vehicles to Korea, representing less than one percent of its auto market. To add insult to injury, well over half a million Korean cars were sold here. But that could all change, according to Ford CEO Alan Mulally, who told The Detroit News that a ...

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    Crumbling bridge chosen as symbol of decaying infrastructure
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    Indiana governor Mitch Daniels was forced to close the Sherman Minton Bridge over the Ohio River last week. The 50-year-old structure connects Indiana with Kentucky via Interstate 64, and after years of overuse, the bridge has deteriorated significantly. Inspectors recently discovered a large ...

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    Report: White House delaying release of new fuel economy standards
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    The Obama Administration will reportedly delay the release of the U.S.' most ambitious fuel economy proposal ever. Word is the Department of Transportation and Environmental Protection Agency won't be able to string together a Corporate Average Fuel Economy draft for Model Year 2017-25 for ...

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    Report: Five NASCAR drivers turn down invitation to meet Obama at White House
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    Five NASCAR drivers invited to meet President Barack Obama at the White House aren't going to show, citing "scheduling conflicts." Nobody's sure whether "scheduling conflicts" means "political views," but thanks to stereotypes associated with NASCAR, nobody's ruling that out. The president ...

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    Report: VW blasts new CAFE standards, alleges bias towards truck makers
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    Automakers are officially choosing sides on the new proposed Corporate Average Fuel Economy standards, and while nearly every company has come out with statements of support, Volkswagen has chosen to head the camp opposed to the plan. The German company has released an official statement on ...

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    Official: 2025 CAFE target set at 54.5 mpg; everyone's apparently happy with that
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    Following the official announcement this morning that the new 2025 Corporate Average Fuel Economy standard would be set at 54.5 miles per gallon, our email box overflowed with something we rarely see: near-unanimous support. Everyone from the automakers to the Union of Concerned Scientists, from ...

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    Report: Obama now among foreign motorists who owe £50M in unpaid London congestion charges
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    According to The Daily Mail, the city of London has slapped President Barack Obama with a £120 fine for failing to pay congestion charges during his most recent visit to the UK capitol. The fine evens out to around $193 at current conversion rates. When the president visited London in May, ...

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