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EPA rules greenhouse gases pose danger; more regulation expected

The EPA has proposed a finding that greenhouse gases from new vehicles and industrial plants pose a danger to the public, kicking off a process that could result in tighter regulation of carbon dioxide emissions. The EPA's findings come two years after the U.S. Supreme Court ordered the agency to determine whether these emissions contribute to harmful air pollution under the Clean Air Act or whether the science is too uncertain.

Who's Where: BMW announces personnel changes in top design positions

BMW's latest internal reshuffle has seen Domagoj Dukec appointed as head of exterior design, Martina Starke as head of color and material design and Oliver Heilmer as head of interior design. Dukec, a Pforzheim graduate, has previously worked for Volkswagen and Citroën where he played a key role in developing a new Citroën aesthetic with the C4 coupé, C5 Airscape, C5 (Mark II), Hypnos and GQ Concept. Since moving to BMW's exterior design team in 2010 he has been credited with the design of the Concept Active Tourer.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.