Haggling over a $15 billion government rescue of the American automobile industry continues in Washington. One of the issues still being debated is how much fuel efficiency should be imposed on carmakers. John Dimsdale reports.
Congress could vote on a $15 billion loan to automakers tomorrow, but the deal still has opposition. Scott Jagow talks to Marketplace's Dan Grech about the sticking points between Republicans and Democrats.
The proposed $15 billion bailout package for Detroit is considered enough to get the Big Three out of their short-term jam. But to convince Congressional skeptics, the package comes with plenty of conditions. Our Washington bureau chief John Dimsdale has more.
President-elect Obama has been fairly guarded in his pronouncements as to what ought to be done with the economy before he takes office, even as some in both parties are calling for him to be more involved. Kai Ryssdal gets some perspective from James Thurber of American University.
A British auto supplies parts company filed for the European equivalent of Chapter 11, an indicator for the health of the country's auto industry. The U.K. is waiting on the auto bailout in the U.S. Stephen Beard reports.
The government worked out a plan over the weekend to give the Big Three around $15 billion in short-term loans. But many want the auto industry to give something back to taxpayers for the expense. Steve Henn reports.
All of the Big Three CEOs will show up in the House of Representatives today to plead their case for a bailout. Analysts say they'll eventually get some money from the government, but will it help? Alisa Roth reports.
A more humble collection of auto industry CEOs came calling on Congress today. But the jury's still out on whether their latest proposal will get them the money they need. Nancy Marshall Genzer reports.
If the Big Three's conversation with the government over a possible bailout sounds familiar, you were probably around in 1979, when the same thing was happening. So what was the result? Alisa Roth has the story.