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GM trundles toward bankruptcy
General Motors will file for bankruptcy on Monday, forcing the 100-year-old carmaker into a new and uncertain era of government ownership.
carmakers
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Obama sets the bar high for carmakers
The White House-orchestrated ouster of General Motors’ top executive sent a chilling message to unions, management and bondholders.
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SA warns against car-industry bailouts
South Africa said on Monday that industry bailouts by rich nations, especially in the carmaker sector, could be a covert form of protectionism.
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Obama forming task force, drops ‘car czar’ idea
President Barack Obama has decided to form a government task force for restructuring the struggling US car industry instead of naming a ”car czar”.
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Ring in the new year? The party’s over
Carmakers put on a brave face at the world’s biggest car show on Sunday, with the sales outlook bleak for the coming year.
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Bush may tap bailout fund to aid carmakers
The Bush administration said on Friday it could be willing to provide emergency aid to the teetering US car industry
