The board at General Motors met over the weekend to discuss a restructuring plan that might work for Congress. Ashley Milne-Tyte tells Steve Chiotakis the plan includes a possible bankruptcy filing just in case.
While automakers were on Capitol Hill begging for financial relief, a key supporter in the House lost his clout. Commentator David Frum says the new leadership should avoid micro-managing the industry.
Today, Fitch ratings downgraded Toyota's credit from triple-A to double-A -- the first time the auto maker's rating has dropped in a decade. Steve Henn reports a lowered appetite for cars and a strong Yen are to blame.
No bailout for Detroit. Citigroup stocks took a dive. So did the markets, at least before the Treasury choice surfaced. Kai Ryssdal asks trader Andy Brooks and Felix Salmon of portfolio.com about an ugly week.
GM has announced more layoffs. But while GM shrinks, the natural gas industry is doing some hiring. So could ex-GM workers go from assembling power trains to driving drill bits into the earth? Kate Archer Kent reports.
House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid promise to try to get help for automakers after Thanksgiving. But the automakers have to make a convincing argument for why they need it. Alisa Roth reports.