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Car Bailout

Detroit: From Socialism to Capitalism

Diane Francis | Posted 06.03.2009 | Business

Read More: Chrysler, Gm, Fiat, Cars, Chrysler Bailout, Canada, Uaw, Detroit, Barack Obama, Car Bailout, Business News
Diane Francis

There are many ironies in the Detroit saga, but most striking is the fact that state "socialism" may finally turn North America's car industry players into capitalists.

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Frank Rich: C.E.O. Guillotine Won't Do Any Good

The New York Times | Frank Rich | Posted 05.06.2009 | Politics

Read More: General Motors, Bank Bailouts, Bank of America, Bailouts, The Bailouts, Frank Rich, Rick Wagoner, Bank Bailout, Car Bailout, Politics News

EVEN among pitchfork-bearing populists, there was scant satisfaction when the White House sent the C.E.O. of General Motors to the guillotine. Sure, ...

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Auto State Politicians Stunned By Obama's 'Tough Love' For Them And Not So Much For Wall Street

news.yahoo.com | Martin Kady II | Posted 04.30.2009 | Politics

Read More: Chrysler, Gm, Car Restructuring Plan, Obama and Auto Restructuring, Auto Bailout, Car Bailout, Politics News

The Obama administration's harsh treatment of the auto industry is backfiring with some auto state politicians despite a concerted effort to build sup...

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Analysis: Toyota Takeover Could Save GM

Truthdig | Michael D. Intrilligator | Posted 01.06.2009 | Business

Read More: Toyota Taking Over General Motors, General Motors, Toyota, Auto Industry Bailout, Car Bailout, Business News

In his prepared remarks before the Senate Banking Committee on Thursday, General Motors CEO Rick Wagoner Jr. spoke of the urgent need for federal assi...

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Ford CEO: We're Not In As Much Trouble As GM And Chrysler

CNBC | Posted 12.26.2008 | Business

Read More: Ford Ceo, Gm, Automaker Bailouts, Detroit Bailout, Barack Obama, Chrysler CEO, Car Bailout, Business News

It's not quite guilt by association, but it's close. Ford, by virtue of being one of the Big 3 and because its finances are weakened, has been lumped ...

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