Episode 562 - Raw Material Prices Rise, Mazda Bets on Diesels, Mitsubishi Cuts Lineup

The price for raw materials used to make cars keeps going up which means the prices that we pay for new cars and trucks will continue to rise. The head of Mazda's North American operations says the company will focus on diesels instead of hybrids. Mitsubishi plans to phase out all of the vehicles it currently builds in North America. All that and more, plus a preview of this week's Autoline Detroit with Jim Farley, the group vice president of global marketing, sales and service at Ford.