Dec 14 Watch Are Rare Earth Minerals Too Costly for Environment? Lindsey Hilsum of Independent Television News examines how mining rare earth minerals -- considered to be an obscure yet profitable industry, is causing a major environmental dilemma in China. Continue watching
Nov 25 Watch Toyota Recalls 4 Million Gas Pedals Over Concerns of Uncontrolled Acceleration Toyota recalled four million cars to fix or replace acceleration pedals that could get jammed. Jeffrey Brown reports. Continue watching
Aug 17 Japanese Economy Pulls Out of Recession Japan's economy climbed out of yearlong recession in the second quarter, the government said Monday, expanding 3.7 percent at an annual pace as it joined Germany, France and other regions that appear to be emerging from the global financial crisis. Continue reading
Feb 06 Toyota Forecasts $5 Billion Fiscal Year Loss By PBS News Hour The world's largest automaker, Toyota Motor Company, said Friday it expects to post an annual net loss three times larger than expected and began a series of assembly line shut-downs in an effort to save jobs. Continue reading
Jan 05 Auto Sales Plunge in December By PBS News Hour December marked another dismal month for automakers with new figures showing overall sales declines of more than 30 percent as the U.S. auto industry continues to struggle amid the economic downturn. Continue reading
Dec 24 Watch Toyota’s Losses Reflect Troubles Across the Global Economy With car sales plummeting, giant automaker Toyota Motor Corp., posted its first operating loss in 71 years. Economic analysts examine what impact the company's massive losses will have on the global economy. Continue watching
Dec 22 Toyota Projects First Operating Loss in 71 Years By PBS News Hour Toyota Motor Corp., the world's second largest automaker, predicted its first operating loss in 71 years, based on shrinking demand for vehicles and a surging yen. Continue reading
Jul 23 Why can’t the U.K.’s fuel efficient vehicles be sold in the U.S.? Question/Comment: Car companies such as Ford, GM and Toyota sell cars throughout the world. In examining the U.K. Web sites for these companies, even in cases where the car model is the same as the U.S. Continue reading
Jul 01 Nearly Every U.S. Automaker Posts Double-digit Sales Losses in June By PBS News Hour Amid record-high gas prices, a slumping economy and consumer jitters, U.S. auto sales plummeted in June, but General Motors managed to retain its No. 1 spot ahead of Toyota thanks, in part, to a six-day sale featuring zero-percent financing offers. Continue reading
Feb 12 Watch GM Offers Employee Buyouts After $38.7 Billion in Losses After announcing record annual losses Tuesday, General Motors said that it would offer buyouts for all 74,000 of its union employees -- allowing GM to hire lower-wage workers -- to help reduce costs. New York Times business reporter Micheline Maynard… Continue watching