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The government is on track to lose money on the GM bailout. But would doing nothing have cost more?

General Motors has just announced it is going to buy back 200 million of its shares from the Treasury Department, which plans to sell the rest of its GM shares in the next year or so.

Car makers are headed for a record year for sales. Never mind a sluggish U.S. economy and a European recession.

Auto giant GM sees a lucrative market among Southeast Asia's growing middle class and plans to tackle Japanese automakers' regional domination.

With dealers eager to clear their previous model-year inventory, buyers can get decent discounts on prices and interest rates.

The opening of the L.A. auto show comes at an interesting time; the market for cars in the U.S. has rebounded even as the broader economic recovery continues at a painfully slow pace.

As other carmakers in Europe struggle for their very survival, VW is flourishing thanks in part to its worldwide appeal.

Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change.

Last month, Peugeot secured a $9 billion lifeline from the French government to stay out of bankruptcy. In return, French politicians want the struggling company keep jobs, not cut them.