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Thanks to what auditors call "fresh-start accounting," General Motors can adjust its debts and assets and put a positive spin on its finances to help it out of bankruptcy. The automaker releases it balance sheet today. Bob Moon reports.

U.S. Transportation Secretary Ray LaHood wants to hit Toyota with a $16 million penalty for failing to notify officials of the sticky accelerator pedals. Toyota has two weeks to pay or fight. Bill Radke talks to Marketplace's Amy Scott.

Dozens of old car plants have been shuttered over the last two years, and some of the unused factory equipment gets salvaged or sold off. Buildings are usually demolished, but one factory in Delaware is being re-imagined. Alisa Roth reports.

Chinese car maker Geely is buying Volvo for $1.8 billion, the Chinese auto industry's largest acquisition so far. Bob Moon reports what Geely is getting for its money and why Ford may have set certain limits on the sale.

German automaker Daimler has been charged with corruption, bribing officials in 22 countries. Bill Radke talks to Marketplace's Stephen Beard about why a U.S. court is handling a case of foreign corruption.

Toyota's Prius has been going through some troubles lately. But commentator Marc Jaffe thinks having a whole new image for the brand may not be as bad as it seems.

Nissan announced will begin producing electric cars in the U.K., while Ford will be making energy-efficient cars with half a billion dollars in loan guarantees from the British government. Stephen Beard reports.

The auto industry as a whole has started getting better and people are beginning to buy fancy cars again. But, it's all a matter of perspective. Alisa Roth explains.

Some analysts say it's about time Toyota got control of reports on its cars' acceleration problems and started reassuring customers. But, as Alisa Roth reports, that can be a tricky balance.

The Yugo may be one of the worst cars in history, but it can teach us a lot about the auto industry. Author Jason Vuic talks with Kai Ryssdal about how the 80s car caused a frenzy of excitement, and then horror.