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.
Chrysler's bankruptcy may force the automaker to lay off several workers, but it could also be a good thing. Kai Ryssdal speaks with Micheline Maynard of The New York Times about what will happen with the automaker now.
Talks between Chrysler, its creditors and the U.S. Treasury hit a snag when the hedge funds that own part of the automaker's debt balked. But a Chrysler bankruptcy doesn't mean the deal with Fiat is off. Steve Henn reports.
Even though its global sales fell in the first quarter, BMW still says comparatively, it's actually doing fine. The company accredits its strategy to early attention to fuel efficiency and climate change. Stephen Beard reports.