Chrysler is talking to the Canadian Auto Workers union today, demanding it accept a big cut in wages and health care. Caitlan Carroll reports talks in Canada could be a precursor to what happens in talks with autoworkers in the U.S.
First-quarter numbers suggest Volkswagen may have pulled ahead of Toyota and General Motors in global sales. Stephen Beard reports how the automaker has benefited from its powerful presence in emerging markets like China and Brazil.
Chrysler has 16 days to make a deal with Italian automaker Fiat at the risk of losing government money and returning to bankruptcy court. First priority for Chrysler: paying back banks and hedge funds. Jeremy Hobson reports.
As GM considers bankruptcy, the company's stakeholders are worrying about losses on their investments. Some bondholders may see returns on their money, but others could be arguing over pennies. Jeremy Hobson reports.
On top of restructuring, the U.S. Treasury wants General Motors to get its paperwork in order for a bankruptcy plan. Marketplace's Dan Grech explains to Steve Chiotakis what GM is hoping for out of this parallel process.
General Motors is putting some of its classic cars on the auction block today for the second time this year. The move saves GM on warehouse costs and makes some cash on the solid classic car market. Joel Rose reports.
GM wants to take advantage of a section of bankruptcy code that would allow it to sell its top-performing assets and brands to a new GM right away. Jeremy Hobson reports why that's seen as a better option than selling the company in pieces.
As its competitors drive towards bankruptcy, Ford is planning to retire $9.9 billion in debt and cut nearly $500 million out of its interest expenses this year. Will the automaker's rivals be able to do the same? Jeremy Hobson reports.