Merger talks with Chrysler are "progressing," but GM's troubles are not at bay. The automaker announced another global sales drop and reportedly plans to cut back on new car development. Renita Jablonski asks if that's wise.
GM is back looking for government help, and the automaker says it can't afford to wait this time — it needs $10 million to merge with Chrysler. Together, the argument is, the two companies can survive. Mitchell Hartman has more.
The government is talking with GM and Chrysler about giving the auto companies some help, but not a bailout. Scott Jagow talks to Nancy Marshall Genzer in Washington about what separates this move from a bailout.
Michigan's congressional delegation is asking the federal government to help Detroit's car makers and lenders. But do the automakers really need more government intervention? Jeremy Hobson reports.
Reports say GM and Chrysler have stepped up merger talks, with GM running out of cash. Toyota, on the other hand, is promoting a new zero-financing initiative for 11 models. Ashley Milne-Tyte has more.
With General Motors stock trading around $6, the company would like to close a merger deal with Chrysler as soon as possible. Ashley Milne-Tyte reports where GM's turnaround plan went wrong.
President Bush is set to sign a bill authorizing $25 billion in loans to American automakers to help Detroit make more fuel-efficient cars. But Sarah Gardner reports it'll be awhile before we see those cars rev up.
Today GM executives will announce a new $359 million auto plant opening in distressed Flint, Mich. Workers there will build fuel-efficient engines for the Volt and Cruze models. Mitchell Hartman reports.
General Motors is celebrating its 100th anniversary with a big bash Tuesday in Detroit. At the party GM is expected to focus on the future and one very important car. Dustin Dwyer reports.
Financial institutions aren't the only companies poking around Washington looking for help. Car makers want low-interest loan guarantees of $25 billion to retool factories to build hybrids and other fuel-efficient cars. John Dimsdale reports.