America's First Big-City Bankruptcy of 2013
For the time being at least, Detroit can claim the distinction of having been the biggest U.S. city to ever go completely bust.
Detroit
GM Profit Hit by Lower North American Earnings
General Motors' net income fell 14 percent to $865 million in the first quarter, weighed down by losses in Europe and weaker earnings in North America.
GM Boosts CEO Pay 44%; Gov't Still Owns 16.4% Stake
General Motors boosted Chairman and CEO Dan Akerson's pay package by 44 percent last year, as the value of his stock awards significantly increased.
Ford Earnings Jump Driven by Strong Truck and Fusion Sales
Ford reported better-than-expected first quarter earnings thanks in part to brisk sales of its Ford Fusion family sedan, which won AOL Autos Car of the Year honors for 2012.
Toyota Maintains Crown as World's Best-Selling Automaker
Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with GM and Volkswagen is proving tight.
GM Plans to Invest $332 Million in 4 U.S. Factories
General Motors plans to invest $332 million into four factories in three Great Lakes states to build new, more efficient engines and transmissions.
GM Recalls 34,000 Vehicles for Transmission Problems
General Motors is recalling nearly 34,000 Buicks and Cadillacs in the U.S., Canada and elsewhere to fix a problem with the automatic transmissions.
Detroit Emergency Financial Manager Kevyn Orr Had Tax Liens
Kevyn Orr, Detroit's new emergency financial manager, had two outstanding liens on his $1 million home in Chevy Chase, Md., for $16,000 in unemployment taxes in 2010 and 2011.
Chrysler Shares Could Soon Be On the Market Again
When Fiat CEO Sergio Marchionne took over Chrysler in 2009, it was considered a forgone conclusion that, eventually, he'd take the company public in an initial public offering. But now, Marchionne says the odds of an IPO are merely 50-50.
Dispatches from CES: The Hottest Mobile Tech Here Is On Wheels
Forget transforming your living room: There are a dozen or so automakers at this year's Consumer Electronics Show in Las Vegas proposing new technologies to transform your car, from Bluetooth health-monitoring to self-driving vehicles.
Couple Convicted of Stealing Hybrid Car Trade Secrets from GM
A former General Motors engineer and her husband were found guilty on Friday of conspiring to steal hybrid technology trade secrets for possible use by Chinese carmaker Chery Automobile. Shanshan Du and her husband, Yu Qin, will be sentenced in February.
Chrysler Recalls 919,000 Jeep SUVs to Fix Air Bags
Chrysler is recalling more than 919,000 older-model Jeep SUVs worldwide because the air bags can inflate while people are driving them. The recall affects Jeep Grand Cherokees from the 2002 through 2004 model years, and Jeep Libertys from model years 2002 and 2003.
Watch: Romney and Obama Talk About the Auto Bailout
In the final presidential debate, Mitt Romney and Barack Obama discuss the auto industry and focus on the city of Detroit.
Morgan Stanley Faces Discrimination Lawsuit Over Subprime Loans
Morgan Stanley is being accused of discriminating against black homeowners and violating federal civil rights laws by providing strong incentives to a subprime lender to originate mortgages that were likely to go unrepaid.
Pop Quiz: What Did Washington's Bailout Bonanza Buy for America?
The government's Great Recession bailouts are one of the hot topics of debate this election. But let's skip the rhetoric and run the numbers. If you think you know the facts about the bailouts, or if you're just curious, take a peek at our bailout quiz.