Chrysler gets first $4 billion of federal loan
January 5, 2009 5:26:33 PM
The troubled Detroit automaker gets its first bailout cash transfer. Chrysler will be getting an additional 5.4 billion US dollars in February and possibly more. The automaker has until March 31 to pr...

Chrysler Thank You Ads Make America Cringe with Anger
December 31, 2008 5:14:11 PM
Americans don't seem to be appreciating Chrysler's expensive splash-out ads thanking the nation for their role in securing the automaker its bailout money.

Canada Unveils C$4bn Auto Bailout Plan
December 22, 2008 1:26:42 PM
In a move matching the White House, Canada's government has decided to grant generous loans to GM and Chrysler in order to save the largest industrial segment in that country. Ford has refused the of...

Chrysler bans blogs from media event to prevent leaks – info gets out anyway
December 19, 2008 8:26:55 PM
Chrysler's 2009 auto show backgrounder was closed to bloggers, on the mistaken belief that they present an information security threat. The traditional media responded by leaking Chrysler's embargoed...

Approved Auto Bailout Details: $17.4 billion
December 19, 2008 5:32:49 PM
President Bush approved the immediate transfer of $13.4 billion in loans from the Treasury to Chrysler and General Motors today, with the promise of $4 billion more in February. Terms of the loan are...

Chrysler to remain in NASCAR despite cost cuts
December 19, 2008 4:26:55 PM
Chrysler has decided not to take the same path as GM by maintaining involvement with NASCAR. The company will cut spending in the race circuit by 30%, but continue to honor their current contracts.

White House Approves Auto Bailout for $15 billion
December 19, 2008 3:52:51 PM

White House considers ‘orderly’ bankruptcy for carmakers
December 19, 2008 1:39:35 AM
Should he or shouldn't he? That is the big question in Washington, D.C., as President George W. Bush seems to be backing off earlier statements that the government should provide some form of bailout...

GM and Chrysler merger talks denied
December 18, 2008 8:06:09 PM
Talks on a possible GM and Chrysler merger have been denied by GM spokesmen.

Bush not ready yet to act on auto bailout
December 15, 2008 4:06:57 PM
The President told reporters aboard Air Force One that a bailout for GM and Chrysler was not yet ready. After a 14 billion US dollar bailout measure was blocked by Republicans in the Senate, the White...

Auto Bailout Rejected After Senate Vote
December 12, 2008 12:15:43 PM
Another wall stops bailout money from reaching GM and Chrysler's coffers. Now it seems only President George Bush can get them out of their misery.

Senate Republicans stall bailout passage
December 12, 2008 12:43:40 AM
Bailout package passed by the U.S. House finds stiff resistance from Republicans in the Senate. Democrats may not have enough votes to get measure passed.

House approves $14 bn auto bill - bearish Senate vote pending
December 11, 2008 3:34:09 PM
The Democrat controlled U.S. House of Representatives signed off on a $14 billion auto industry bailout. However, a more evenly split U.S. Senate might stop the bill dead in its tracks.

White House wants car czar with power to force bankruptcy on automakers
December 9, 2008 10:55:57 PM
The Bush administration is calling for a car czar to oversee the bailout and have the power to revoke loans if companies are found not to be viable and even force a restructuring plan on them, includi...

White House, Congress Close to a Deal on Auto Industry Bailout
December 8, 2008 11:03:13 PM
Automakers will get 15 billion US dollars, far less than they were asking for, and must agree to a "car czar" to oversee how bailout money is spent.

$15 Billion Dollar Bailout Agreement Reached
December 6, 2008 11:40:07 AM
Members of Congress and President Bush have reached an agreement to provide $15 billion dollars worth of government loans to Detroit’s big three automakers.

Senators Pushing for GM Chrysler Merger
December 5, 2008 3:40:24 PM
As their dirty linen continues to be aired in public, GM and Chrysler have been given another possible survival option; merge to get a loan.

GM and Chrysler considering bankruptcy as a last resort
December 4, 2008 11:49:57 PM
GM and Chrysler executives have each held private discussions on a possible pre-arranged bankruptcy. The two automakers will only do so as a last resort to secure government aid.

Public opposes auto bailout by 60 percent in CNN poll
December 4, 2008 7:39:57 PM
Most Americans opposed a bailout for the ailing US auto industry. After dismal November sales figures have come in, the industry is now asking for 34 billion, instead of the 25 billion US dollars they...

Automakers increase bailout request to $34 billion
December 4, 2008 3:59:57 PM
After Congress rejected the big three’s bid for $25 billion dollars in government loans last month, they have returned to Capitol Hill and are now requesting $34 billion dollars in aid.