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Atlantis pre-launch.jpg

The end of an era: What's next for NASA?

On the day NASA's shuttle Atlantis made its final touchdown, the race was on for private companies to launch a manned ship into space

Obama's Green Ambition: Good, Bad or Ugly?

There is an urgent need to transition to a low carbon economy. Not only would such a shift address the global challenges of diminishing fossil fuel reserves and climate change but it would create jobs.
Fritz Henderson quits as GM's CEO

Fritz Henderson quits as GM's CEO

GM's Chairman of the board, Ed Whitacre Jr, a veteran of the telecommunications industry, will serve as an interim replacement.
Steven Rattner to leave autos task force

Steven Rattner to leave autos task force

By John Crawley
GM braced for bankruptcy

GM braced for bankruptcy

General Motors (GM) is expected to file for bankruptcy protection later, in what will be the largest-ever bankruptcy filing for a U.S. manufacturing company.
Obama speaks on GM

Obama speaks on GM

President Barack Obama said GM and its stakeholders have achieved "a viable, achievable plan" to return GM to profitability and called the deal "tough but fair," adding it would "give th
GM files for bankruptcy

GM files for bankruptcy

The decision has been given the seal of approval by the U.S. Government, which will, according to reports, take a 60 percent stake in the company.
Opel race narrows to two but still no funding deal

Opel race narrows to two but still no funding deal

By Sarah Marsh and Kevin Krolicki
GM bankruptcy seen near

GM bankruptcy seen near

By John Crawley and Kevin Krolicki
GM and UAW reach deal with government on restructuring

GM and UAW reach deal with government on restructuring

By Kevin Krolicki and David Bailey
Chrysler gets court approval on loan, Opel heats up

Chrysler gets court approval on loan, Opel heats up

By Emily Chasan and Madeline Chambers
Europe auto shake-up looms

Europe auto shake-up looms

By Emily Chasan and Madeline Chambers
Chrysler hours away from bankruptcy protection

Chrysler hours away from bankruptcy protection

If you think this is one of the most challenging times for an accomplished senior executive to lead, give a thought this morning to those running Chrysler.
Visteon UK goes bust

Visteon UK goes bust

A day after President Barack Obama again called on tough reform within the automotive industry, American-owned car components manufacturer Visteon UK Ltd has announced it has entered administra
Canada, like U.S., sees auto plan this month

Canada, like U.S., sees auto plan this month

The White House said on Thursday that President Barack Obama would unveil bailout plans for auto manufacturers before leaving for a European trip on March 31, and Canadian Industry Minister Tony Cleme
China challenging the US in electric car race

China challenging the US in electric car race

The green-themed auto industry stimulus, which demonstrates a new commitment in China towards developing cleaner energy, almost matches the 1.6 billion pounds announced by President Barack Obam
Bernanke sees U.S. recovery in 2010

Bernanke sees U.S. recovery in 2010

By Mark Felsenthal and John O'Callaghan
Canada open to automaker aid after deadline: report

Canada open to automaker aid after deadline: report

The article, citing an interview with Industry Minister Tony Clement on Friday, said the Canadian government has also looked at 'Plan B' scenarios in the event one of the companies goes bankrupt.
GM investors look beyond fourth quarter loss to funding

GM investors look beyond fourth quarter loss to funding

So when the automaker reports fourth-quarter financial results on Wednesday, investors will be looking beyond the bad news for an update on its survival plan.
GM to get $4 billion aide tranche Tuesday

GM to get $4 billion aide tranche Tuesday

The aide said GM's smaller rival Chrysler LLC's request for additional aid would be treated as a new request and dealt with separately.

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