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...mean Koch won't be busy. "They're going to get all the cats and dogs," says Van Conway, a corporate-restructuring expert from Birmingham, Mich. "It's probably going to take a couple of years to get rid of them all." (Watch a video about an optimistic Dodge dealer...

Author: /time Magazine | Title: Disposing of the Remains of the Old GM | 6/2/2009 | See Source »

...efficiency standards. For years, U.S. automakers have fought tougher regulations by arguing that Americans tend to prefer larger, gas-guzzling SUVs and trucks. That's not always true: when gas prices were at an all-time high last summer, sales of SUVs were down considerably, while hybrids flew off dealer lots. Since then, prices at the pump have dropped - and so has the appetite for small cars. As long as the price of gas remains volatile, it's far from certain that Americans will buy the more efficient cars and trucks the new standards will require automakers to produce...

Author: /time Magazine | Title: Is the President Green Enough? | 6/1/2009 | See Source »

...Weinberg Dodge bearing a letter from Chrysler, informing Morris Weinberg's son that his career in the new-car business would be over in about three weeks. There wasn't much in the way of explanation, but it comes down to this: Chrysler's sales can't support a dealer network built for another era. (See the 10 milestones on the way to GM's bankruptcy...

Author: /time Magazine | Title: Government Motors: Can a Reinvention Save GM? | 5/28/2009 | See Source »

...picture as the It boy of the auto world, having slashed costs, retooled management and refreshed styling to boost sales of the firm's cute little cars. He wanted back into the U.S., provided it didn't cost him anything. (Watch TIME's video about an optimistic Dodge dealer...

Author: /time Magazine | Title: Government Motors: Can a Reinvention Save GM? | 5/28/2009 | See Source »

...venue where minimalist art films usually dominate, this year sensation often ran rampant. Blood spurted from necks, noses, guts and, in one memorable gross-out moment, a penis. Extreme characters spanned the globe: a vampire-priest in Seoul, a French crime lord in Hong Kong and an American drug-dealer in Tokyo. Sam Raimi brought a horror movie about a gypsy curse, and Quentin Tarantino enlisted in a fantasy World War II. Gay lovers disported in China, and Ang Lee found psychedelic bliss in Woodstock, 1969. Hard-core sex and violence splattered the giant Lumiere screen...

Author: /time Magazine | Title: Haneke's The White Ribbon Wins Cannes Palme d'Or | 5/24/2009 | See Source »

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