How Tomorrow Moves| More...
 

Auto Industry Crisis

Bachmann: "Gangster Government" Turning U.S. Into "Sinking Titanic"

Huffington Post | Susan Crile | Posted 07.11.2009 | Politics

Read More: Auto Bailout, Michelle Bachmann, Chrysler, Titanic, Auto Industry Crisis, MIchael Barone, Minnesota Congresswoman Michelle Bachmann, Bachmann, Auto Industry, Barney Frank, Politics News

Congresswoman Michelle Bachman took to the floor of the House of Representatives on Tuesday to call out the "gangster government." She also likened Am...

Read Whole Story

Ford completes tender offers, cuts $10B in debt

AP | KIMBERLY S. JOHNSON | Posted 05.07.2009 | Business

Read More: Car Companies, Auto Bailout, Ford Cuts Debt, Ford, Auto Industry Crisis, Dearborn-Michigan, Business News

DETROIT — Shares of Ford Motor Co. soared 16 percent Monday after the company said it completed tender offers that will reduce its debt by 38 pe...

Read Whole Story

GM Speeds Up Bankruptcy Plans

Bloomberg | Jeff Green | Posted 05.07.2009 | Business

Read More: Gm, Car Companies, Auto Bailout, General Motors, Auto Industry Crisis, GM Bankruptcy, General Motors Bankruptcy Plans, Business News

General Motors Corp. is speeding up preparations for a possible bankruptcy filing even as directors seek deeper savings this week to avoid that outcom...

Read Whole Story

Auto Industry Warns Of Collapse If Auto Suppliers Aren't Bailed Out

Washington Post | Kendra Marr | Posted 03.28.2009 | Business

Read More: Automakers, Auto Bailout, Auto Industry Crisis, Auto Part Suppliers, Economy, Financial Crisis, Credit Crisis, Business News

For months Washington has focused on saving Detroit's automakers. But now the auto industry says it could face a bottom-up collapse if the suppliers s...

Read Whole Story

Krugman: Concentration Of US Auto Industry Will Probably Disappear

AP | MALIN RISING | Posted 01.07.2009 | Business

Read More: Auto Industry, Paul Krugman, Krugman on Auto Industry, Auto Industry Will Disappear, Us Car Companies, Economic Crisis, Auto Industry Crisis, Business News

STOCKHOLM, Sweden — Nobel economics prize winner Paul Krugman said Sunday that the beleaguered U.S. auto industry will likely disappear. "It wi...

Read Whole Story

Pressure Builds For GM To Oust CEO As Part Of Auto Bailout

The Hill | Silla Brush | Posted 01.07.2009 | Politics

Read More: Chris Dodd Video, Auto Bailout, Video, Car Industry, Auto Industry Crisis, Chris Dodd on Gm Management, Detroit, Chris Dodd on Auto Bailout, Chriss Dodd, Politics News

UPDATE 12/07 at 9:00PM EST: In addition to Dodd's statements this morning, there is growing outside pressure for GM CEO Rick Wagoner to step down. T...

Read Whole Story