The Small Business Administration will start making more businesses eligible for government-guaranteed bank loans. The move will have a particularly rewarding impact on car dealers. Mitchell Hartman reports why.
Fresh from agreeing to take over a large chunk of Chrysler, Fiat now wants GM's European divisions as well. The automaker meets today with the German government about a takeover, and Stephen Beard reports the German government may agree.
Before Fiat left the U.S. in the early 1980's, it pitched fuel-efficient cars to the American market. As the automaker prepares a return to the country, it may have better luck selling gas savers this time around. John Dimsdale reports.
The swine flu dominated headlines, but Chrysler was one of the few things to divert attention away from the outbreak. Kai Ryssdal speaks with Fortune's Leigh Gallagher and Reuters blogger Felix Salmon about whether a stronger Chrysler will emerge after bankruptcy.
Chrysler's bankruptcy is having huge ripple effects for the automaker's supply chain and the towns that support it, including Kokomo, Ind. Kai Ryssdal speaks with Kokomo Mayor Greg Goodnight about how his city is coping.
General Motors is dealing with the same kinds of problems Chrysler was with getting bond holders to forgive debt in exchange for stock. Jeremy Hobson reports the automaker is experiencing the threat on a much larger scale.
Perhaps no visual is more stimulating in the auto industry's fight for survival than a lot full of old, used cars that aren't selling. And these days, even vehicles with over 150,000 miles are on the market. Amy Scott reports.
As part of its bankruptcy, Chrysler's core assets will be sold into a new company owned by the U.S. government, the company's workers and Fiat. Steve Chiotakis talks to Marketplace's Steve Henn about why a group of 20 lenders opposes the deal.