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So why bother with the tax? The logic for Europe is simple. The E.U. has pledged to slash greenhouse gas pollution by a fifth of 1990 levels by 2020. But the bloc's Emission Trading Scheme only covers around 40% of its emissions. The U.S. plan, by comparison, will cover...
German government officials were left in the dark over GM's intentions until the very last minute. One government official said he had "no idea" what GM had decided, and union leaders were still claiming GM wanted to keep Opel and Vauxhall. (See the 50 worst cars of all time...
See the best cars from the 2009 Detroit Auto Show.
See the most important cars of all time.
In the bigger picture, though, consider a GM dealership that was run by three brothers and closed down in November 2008, taking with it 26 jobs. One brother, John Boyette, moved out of town in search of work, while another, Norman, is selling used cars for a dealer in Cary...