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EPA makes it official--greenhouse gases are pollutants

On the eve of an international climate summit, the EPA on Monday formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles. The finding is likely to have a greater impact on electric utilities, oil companies and manufacturers than on the auto industry. The EPA's scientific finding reported that these gases “are the primary driver of climate change,” which can intensify heat waves and increase ozone pollution linked to asthma and other respiratory illnesses.

BMW unveils its 2012 Olympic Games pavilion

BMW has unveiled its new pavilion for the 2012 Olympic Games in London. The winning design came from British architects Serie after bids from six companies. As the sole automotive sponsor, BMW is allowed to build a pavilion at the Olympic Park during the London 2012 Olympic & Paralympic Games and it expects to draw 8000 visitors a day.

Chrysler sets the pace as industry sales climb 8 percent

U.S. light vehicle sales--led by Chrysler--rose 8 percent in October to an estimated 1.02 million units, matching forecasts and enough to keep the industry's rebound on track despite ongoing economic uncertainties. It was the eighth consecutive month in which U.S.