The Obama administration's auto team is in Detroit today sussing out uncertainty over General Motors and Chrysler's rescue plans. The government has until March 31 to decide whether to hand over more aid. Ashley Milne-Tyte reports.
Struggling automaker GM has been approaching individual European governments for help. Now the European Union is calling for a crisis meeting with countries that have GM factories. Christopher Werth reports.
In an SEC filing, General Motors said this morning that bankruptcy is a real possibility if it cannot stop the financial bleeding and generate some cash. Bill Radke discusses what else GM fears with TheDetroitBureau.com's Paul Eisenstein
General Motor's European division is threatening to cut jobs if one of several countries doesn't step up with a bailout. Layoffs would be centered around Opel, GM's German division. Christopher Werth reports.
The American Trucking Association is pushing an initiative to allow bigger trucks on the road. They say it's good for the planet, but opponents argue it'll hurt independent truckers. Sadie Babits reports.
The market for used cars is finding some benefits in the downtrodden economy, as some consumers look to previously owned vehicles for more value. Some lots are even devoting more space to used cars. David Chong reports.
The auto market's not showing signs of restarting anytime soon, and General Motors could soon run out of its $13 billion government loan. So today, GM execs return to Washington with a simple pitch. Jennifer Collins reports.
Saab has filed for bankruptcy protection today in Sweden. The company has also applied to cut itself loose from owner General Motors to find a buyer. Stephen Beard reports why many Swedes blame GM for the mess.