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Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.

LA Auto Show Design Challenge

By Ben Pulman Motor Shows 22 October 2007 02:10 I thought all the wackiness was out in Tokyo? You were wrong. The Los Angeles Auto Show starts in mid-November and for the past three years has run a design contest to see what cars could look like in the future.

Toyota Prius recalled for water-pump fix

Toyota is recalling about 650,000 units of the Prius hybrid for a problem with the coolant pump that could cause the engine to overheat. The recall covers 2004 to 2007 models of the Prius. More than half of the vehicles being recalled, 378,000, were sold in the United States.