Ford hasn't sold its Mustang overseas since 1979. But now it is set to project US power abroad, with a V-8 engine. And Ford thinks the 2015 Mustang will sell in places like Australia, China and across Europe because it is so... American.
The new government in Spain is trying lots of things to fix the country's broken finances and weak economy. One measure to boost productivity is an overhaul of the innumerable holidays that Spanish workers enjoy.
A series of forest fires continue to blaze in the mountains outside Madrid forcing thousands to flee their homes and creating a political firestorm. Firefighters say that budget cuts have made their job next to impossible.
The World's Gerry Hadden reports that European leaders are proposing tough new pollution standards for cars, but the European Union proposal faces a tough fight because European car makers say the plan would jeopardize their business.