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"If we don’t raise the debt ceiling, we’ll be deadbeats"
Obama: "If we don't raise the debt ceiling, we'll be deadbeats"…
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Why Auto Sales Surge Even as Gas Prices Rise
Auto industry sales jumped 6 percent in March with almost 1.4 million new cars and trucks sold -- the highest number since 2008, according to new reports released Tuesday amid Detroit's $200 million deficit. Gwen Ifill and David Shepardson of…
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How the U.S. Auto Industry Picked Up Speed in 2011
With nearly 13 million cars sold, 2011 turned out to be the strongest year for Detroit's major automakers since the financial crisis hit in 2008. Margaret Warner discusses just how that 10 percent increase came to be with David Shepardson,…
GM to Repay Government Loans Early
General Motors announced Monday that it will begin repaying $6.7 billion in government loans before the end of the year and could pay back the full amount as early as next year, five years ahead of schedule.
The government's popular "cash for clunkers" incentive program -- aimed at replacing gas guzzlers with more fuel-efficient vehicles -- nearly exhausted its $1 billion budget in just days. Analysts look at who benefits from the program and its effects on…
Paul Solman: The fourth in this week’s series of conversations with economist Simon Johnson concerns the future of the suffering American auto industry. Johnson weighs in on whether the new GM will make it and responds to the…
After the announcement that General Motors Corp. had completed its 40-day stay under bankruptcy protection, CEO Fritz Henderson speaks to Judy Woodruff about the company's goals for remaking the struggling auto maker.
With its fortunes tethered to volatile natural gas and oil prices, Russia has suffered record inflation and unemployment in the global financial crisis. In the second of her series of reports from Russia, Margaret Warner examines the country's economic picture.
Chrysler finalized the sale of its assets to Italian automaker Fiat Wednesday after the Supreme Court cleared the way for the deal. Analysts examine the future for the newly merged company.
