Americans are buying new vehicles at the fastest pace since January 2008. But they're also looking to spend less time at the pump. And as CBS News' John Blackstone reports, automakers are finally getting the message and turned this year's LA Auto Show bolder - and greener- than ever before.
A company in Washington state is developing wireless technology that delivers electricity via laser beams. The scientists and engineers who run the company, Lasermotive, are using the lasers to power aerial drones but say their technology could also replace conventional power lines to deliver electricity to homes.
Volvo Car Corporation is ramping up production of the new Volvo V60 Plug-in Hybrid ahead of first customer deliveries in early 2013. After the initial batch of 1,000 model year 2013 cars, production will increase to 4,000-6,000 cars from model year 2014.
The brand new Vanquish comes with some good news and some bad news: Though the 2014 Aston Martin Vanquish will run you $280,000, its speed, handling, and refinement make it totally worth it, says CNN Money senior writer Peter Valdes-Dapena.
GE CEO and Obama administration jobs czar Jeffrey Immelt spoke with CBS News' Charlie Rose and says one thing that never goes away in the United States is an incredible set of entrepreneurs. Given that, he stresses that manufacturing will continue to come back to a certain extent and the American workforce can make the new technology of today right here in the U.S.
The Lincoln brand is 90 years old and had its sales peak two decades ago. Now, Ford is re-launching its Lincoln brand, hoping to erase memories of old Town Cars, with new energy-efficient tech-savvy luxury models and a nod to its more prestigious past.
Can China grow an Apple? Upstart Chinese smartphone maker Xiaomi, the country's biggest smartphone sensation, is trying. The company is currently on track to post $2 billion in sales, and is borrowing some tricks from Apple's playbook. But can it remain nimble in the big leagues?
Fred Smith says fiscal cliff talks should focus on the corporate tax policies first. Smith says that it's not small businesses that are creating jobs in the U.S., but rather it's capital investments in equipment and software done by big business.
Germany's apprentice program is called a "dual system" — split into 60 percent workplace training and 40 percent classroom-based education — and is widely regarded as a model of business investment in social mobility and in Germany's skilled workforce of the future.
Jason Fried has a radical theory of working: that the office isn't a good place to do it. In his talk, he lays out the main problems (call them the M&Ms) and offers three suggestions to make work work. For more information visit www.ted.com.
2012 may become known as the year of 3D printing, when this three-decade-old technology became accessible and even commonplace. Lisa Harouni, co-founder of Digital Forming, gives a useful primer on this fascinating way of making things - including intricate objects once impossible to create.
Just a glimpse of the 1,500 engineers working are enough to give you an idea of the size and scale of the super jumbo A380. Each part requires precision and patience - 4,000 rivets alone are used to attach the wings to the body. CNN's Ayesha Durgahee looks at how Airbus assembles and tests the largest passenger jet in the world.
It looks as if the Batmobile used in the 1960s TV series will be sold at auction in January at the annual Barrett-Jackson auction in Arizona. Unlike most TV show cars, the Batmobile is a singular creation - famed car creationer George Barris got the assignment to create the car in 1966 with a tight deadline of 15 days and $15,000.
Austin, Texas, is a growing hub for technology startups, and these companies' leaders see a bright future. Mobile software, cloud computing, 3D printing and greentech businesses are just some of the areas that these CEOs feel will continue to move forward in the coming year.
CNBC's Phil LeBeau talks with Matthias Muller, Porsche AG president & CEO reveals what makes the 2013 Porsche Cayman so special. Muller says the brand new car features new interior and exterior designs, while still including key elements of the traditional "Porsche DNA."
Germany will soon get an equal stake with France in EADS as part of EADS's shareholder reshuffle. Reuters' Axel Threlfall asks Airbus CEO Fabrice Bregier if that means fresh tension between Berlin and Paris over Europe’s flagship planemaker.
If you saw any of the highlights of Black Friday sales, you probably witnessed a lot of people buying flatscreen TVs - and that is great news for Corning, which owns the Gorilla Glass unit making glass for LCD screens. While the glass manufacturer has been struggling this year, Corning said that LCD shipments should be better than forecasts.
CNBC's Phil LeBeau speaks to Volkswagen of America president & CEO Jonathan Browning, about the Beetle Convertible coming out mid-December. Unveiled this week at the Los Angeles Auto Show, the new 2013 Beetle represents fun and freedom in the marketplace, says Browning, and there is still a demand for a convertible car.
Flexing its metal muscles is the 4-meter or 13-foot-tall Kuratas robot. Creator Kogoro Kurata wanted to bring to life the machines of his childhood fantasies, even though he realizes his prototype doesn't hold too much value for society.
It's the latest marketing ploy in car-crazed Japan: A car made specifically for women in an almost too predictable pink. This is a new version of the Honda Fit, a model named not "Hers", but "She's." The car's designer, Eri Tomonari, says the car's windshield cuts down on UV rays and the plamsa cluster A/C won't leave drivers with dry skin.