The White House auto task force, "shocked" by the depth of the financial problems at General Motors and Chrysler, very nearly let Chrysler go under before President Barack Obama decided the economy couldn't afford to lose another 300,000 jobs.
The 2010 Dodge Ram Heavy pickup will hit dealerships in a few weeks with a new look and the same powerful engines, but with a well-financed marketing campaign in tow, Chrysler LLC executives said Tuesday.
Detroit --The development of plug-in electric vehicles will not only give a boost to the nation's withering economy but will also help wean the United States off foreign oil, experts said Tuesday at a conference here.
New York -- Steven Rattner, the former Wall Street investment banker who was the key auto adviser to President Barack Obama for five months, has traded in Oval Office meetings with the president for sessions at home helping his son with schoolwork.
Chiba, Japan -- Toyota unveiled a two-seat super sportscar for its Lexus luxury brand called LFA, which reaches up to 325 kilometers (200 miles) per hour but also costs $375,000.
Freeing the U.S. of its petroleum-dependence is crucial to national security interests, Gen. Wesley Clark said this afternoon at "The Business of Plugging In" conference.
In a laboratory beneath Ford's Product Development Center, a team of scientists and technicians is using driving simulators to study how motorists interact with new, onboard technology and ensure that systems like Sync do not become too distracting.
The Germans aren't the only ones hoping to hurdle European Union objections to General Motors Co.'s plans to sell a majority stake in its Adam Opel GmbH unit.
