An Open Letter From Chrysler’s Bob Nardelli
To Chrysler employees and other stakeholders: We have received news that U.S. Treasury Secretary Henry Paulson will provide $4 billion...
Bailout
Automakers to get $17.4 billion in government aid
WASHINGTON (Reuters) - The government will offer up to $17.4 billion in loans to the ailing U.S. automakers and expects...
GM denies holding new merger talks with Chrysler
NEW YORK (Reuters) - General Motors Corp has not reopened merger talks with Chrysler LLC, a GM spokesman said on...
Auto bailout prospects revived in Senate
By John Crawley and Thomas Ferraro WASHINGTON (Reuters) - Prospects for an auto industry bailout revived in the U.S. Senate...
Bailout plan could soon face House vote
By John Crawley and Thomas Ferraro WASHINGTON (Reuters) - The U.S. House of Representatives could vote as early as Wednesday...
White House sceptical on final Democrats auto bailout plan
By Thomas Ferraro and John Crawley WASHINGTON (Reuters) - The White House and Democrats edged toward agreement on Monday to...
GM says it “disappointed” and “betrayed” consumers
DETROIT (Reuters) - General Motors Corp on Monday unveiled an unusually frank advertisement acknowledging it had "disappointed" and sometimes even...
Bush, Democrats seek to finalize auto bailout
By Thomas Ferraro and Donna Smith WASHINGTON (Reuters) - White House and congressional negotiators sought on Sunday to resolve remaining...
