Ford reported today a better-than-expected first quarter loss of about $282 million. But Micheline Maynard at the New York Times says there's less to that than meets the eye.

Toyota bumped GM off its perch last quarter as the world's biggest car maker. And all signs are that Toyota's going to be number one for a while. Jeff Tyler reports.

It's been blamed for killing the electric EV1 back in the '90s, but now GM has turned out a prototype for the Volt — an electric car that runs on such advanced clean technology, it won't hit production until the end of the decade.

GM is streamlining production of its popular Astra model in Europe, and the 1,400 jobs cut are all coming out of Belgium. And if plants there don't bring costs down, GM indicated it may shift that production work to Asia.

American automakers have struggled to make headway in India's large and fast-growing market, but GM is making a renewed push for sales with the Chevrolet Spark.

A federal trial is underway involving car companies and Vermont over the state's regulation of CO2. Dan Esty, who teaches environmental law at Yale University, lays out the issues with Kai Ryssdal.

Twelve years after a previous attempt to acquire the automaker, billionaire Kirk Kerkorian has bid $4.5 billion for Chrysler. But if anyone's going to stand in his way, it could be the auto workers union.

March sales figures were down nearly 10 percent for the automaker. Analysts say it was a cutback in fleet and truck sales that did it, but Ford's hoping its new Flex crossover vehicle will rev up revenues.

Newsweek's Allan Sloan says General Motors' plan to fund its worker pensions is performing so well, you might even argue it's subsidizing the rest of the company.

That's what they're calling the world's first low-carbon car show. It opens today in Cornwall, England and every vehicle on display is billed as being both non-polluting . . . and sexy.