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Hyundai is hoping it can bring up its image as a maker of luxury cars with the U.S. roll-out of Equus, which runs for $70,000. But experts say lifting the company's existing brand won't be easy. Jeremy Hobson reports.

The deadline for GM bondholders to accept a restructuring agreement is looming. If an agreement can't be reached, the struggling automaker faces bankruptcy. As Amy Scott reports, that's looking more and more likely.

German Chancellor Angela Merkel said today there will be resolution with Opel in the coming days. Steve Chiotakis talks to Nelson Schwartz of The New York Times about the potential fate of GM's European unit.

With a deadline looming tomorrow, GM bondholders are under pressure to forgive $27 billion worth of loans. But fearing that they're becoming scapegoats, many are hoping for a better payout. Bob Moon reports.

GMAC, the auto finance arm of General Motors, is set to collect billions in government aid. Why does it need more money and is this unfair to other automakers? Tamara Keith reports.

GMAC already received $5 billion from the Troubled Asset Relief Program program back in December. Now, reports out say the Treasury Department is set to loan GMAC over $7 billion more. Janet Babin reports.

The Obama administration's new fuel efficiency standards will require vehicles to get at least 35.5 miles per gallon by 2016. What does this mean for cars of the future? Tamara Keith reports.

Porsche is looking for an outside investor after its deal with Volkswagen fell apart. The botched merger leaves Porsche with a $12 billion debt. Stephen Beard explores why the deal failed and where it might get help now.

The Obama administration's new fuel efficiency standards will require vehicles to get at least 35 miles per gallon by 2016 and cost about $1,300 per car Automakers are expected to be on board. Janet Babin reports.