Some GM Workers Moving From RenCen?
Automaker reportedly looking to move some of its 4,000 RenCen workers to the Warren Tech Center.
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AP: GM To Begin Repaying Aid By Year-End
General Motors Co. will begin paying back $6.7 billion in U.S. government loans by the end of 2009 and could pay off that full amount by 2011, four years ahead of schedule, according to a person familiar with the matter.
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FAQ & Answers For GM Retirees
What happens to retiree benefits? Click to read the Q&A provided by General Motors Corp. to retireees following the company's Chapter 11 bankruptcy filing.
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Bailout Breakdown: Who's Getting What
Click to explore an interactive graphic that illustrates which companies have received funds from the Troubled Asset Relief Program (TARP), and how much each company has received.
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Chrysler Says Fiat Alliance Will Help Fed Loan Case
Chrysler's proposed alliance with Fiat will bolster its case to receive an additional $3 billion in government loans and put the struggling company on the road to becoming a ``true global powerhouse,'' a top company executive said Tuesday.
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GM: We Need Next Fed Loan Installment
The target date for General Motors Corp. to get its second installment of government loans passed last week, but a top company executive says he expects the money to arrive in the next several days.
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UAW Prez To Ask Obama For New Big 3 Loan Terms
United Auto Workers President Ron Gettelfinger says the union will have to make further concessions as Detroit's automakers try to meet the terms of government loans.
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Interactive: Big 3 Automakers Timeline
Click to explore the history of Detroit's Big 3 Automakers.
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President Discusses Auto Loans During Radio Address
For the second straight day, President George W. Bush was talking about emergency rescue loans for the American auto industry. The President first announced Friday the U.S. automakers will receive $17.4 billion in emergency rescue loans. But the fate of the industry will end up in the hands of President-elect Barack Obama.
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Automakers To Get $17.4B Boost
After weeks of stalled deals and rumors of industry collapse, the White House finally stepped in to provide struggling automakers $17.4 billion in financial relief.
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Big 3 React To Auto Loan Deal
After weeks of stalled deals and rumors of industry collapse, the White House finally stepped in to provide struggling automakers $17.4 billion in financial relief.
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Michigan Reacts To Automaker Rescue
Speaking live on WWJ Newsradio 950 Friday morning, U.S. Senator Debbie Stabenow said she's optimistic about the future, and thinks the industry will be viable in the long term.
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Auto Loans Fact Sheet
Click here for complete details.
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An "Orderly" Auto Bankruptcy
The Bush administration is seriously considering "orderly" bankruptcy as a way of dealing with the desperately ailing U.S. auto industry.
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Auto Deal "Very Likely," Says White House
The White House said Monday that it was "very likely" to reach a deal with Congress to help failing U.S. automakers but warned that Democratic lawmakers need to quickly provide their specific proposal.
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Levin: Bush Auto Aid to Will Look Like Prior Plan
President George W. Bush's plan to aid impoverished U.S. automakers likely will follow the structure of a previous deal with congressional leaders, according to a Michigan Sen. Carl Levin.
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Bush Promises Last-Ditch Auto Bailout
With Congress gridlocked and the economy floundering, the Bush administration declared Friday it would step in and prevent the "precipitous collapse" of the U.S. auto industry and a disastrous national economic impact.
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CBS Poll: Americans Split On Big 3 Bailout
While a majority of Americans believe that bankruptcy for U.S. automakers would have a major impact on the economy, they are evenly split about the prospect of government financial assistance for the big three, a new CBS News poll finds.
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Dems Send Auto Bailout Plan To White House
Congressional Democrats on Monday sent the White House a draft of a roughly $15 billion auto bailout they aim to bring to a vote this week, but White House officials gave a cool initial response.
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Auto Supporters Rally On Capitol Hill
Supporters of the U.S. auto industry made their voices hat a rally in Washington D.C. Friday morning.The Big 3 CEOs were treated to a show of support at their second day of hearings on Capitol Hill.
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Rainbow Push Plans Demonstrations
Members of the Rainbow Push Detroit Automotive Project are planning to hold massive peaceful demonstrations to show the faces of the workers who will lose there jobs if the Big Three request for $34 billion loans is turned down.
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Website Set Up To Show Support For Big 3
First there was a caravan planned to show U.S. lawmakers how important the Big Three automakers are to the economy. Because of logistics, the caravan has been replaced by a website, The Engine of Democracy, which supporters of the automakers can use to contact local congressmen/women to voice support for a federal rescue loan.
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Big 3 To Turn In Turnaround Plans, UAW Leaders To Meet
Congress and the American public will see what the Big Three automakers are planning for the future as they seek a $25 billion loan to help the automakers survive.
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GM Seeking $18 Billion From Government
General Motors is seeking up to $18 billion from the federal government in an attempt to keep operating.
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Chrysler Needs $7B By End Of 08
Late Tuesday afternoon, Chrysler LLC released details of its plan for short term and long-term viability submitted to the U-S House Committee on Financial Services.
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UAW Leaders Meeting In Detroit
Admitting members were concerned, United Auto Workers President Ron Gettelfinger said Wednesday that the union is willing to modify its contract and delay billions of dollars in payments to a union-run health care trust in an effort to help the struggling Big Three automakers.
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Debts May Roadblock Auto Bailout
They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade a skeptical Congress to loan them money.
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UAW Prez Pleads For Federal Aid
The head of the United Auto Workers made a public plea Sunday for government help for U.S. carmakers as the Big Three put the final touches on stabilization plans to submit to Congress.
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Dems Put Crucial Auto Bailout Vote On Hold
There will be no congressional action to aid U.S. automakers this month. Democratic leaders in Congress sidetracked legislation to bail out the auto industry Thursday and demanded the Big Three develop a plan assuring the money would make them economically viable.
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Big 3 Face Stiff Challenge On Capitol Hill
The Senate's top Democrat has called off a planned vote this week on a $25 billion auto industry bailout.
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Paulson, Bernanke Testify On Bailout
Treasury Secretary Henry Paulson told Congress Tuesday he opposes tapping a $700 billion taxpayer-funded pool to help struggling U.S. automakers as he and Federal Reserve Chairman Ben Bernanke defended their management of the bailout program, just one week after the administration abandoned the original strategy behind the rescue.
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