Auto Manufacturing

Fortune Magazine's Martin Sloan is interviewed on Marketplace on why he thinks it would be good for Detroit, and America, to have a higher gas tax. At the same time, he has advice to Congress as to what they should do with fuel-efficiency standards.

The manufacturing town of Zaragoza, Spain is beginning to feel the crunch of the global economic slowdown, as a General Motors plant goes on a temporary hiatus.

No sooner had Chrysler released its new hybrid SUV- a Dodge Durango 40% more efficient than its gas-only counterpart- than it has been forced to close the factory where both versions are produced in order to save on costs.