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Usually, carmakers wait a while before issuing big rebates on a new model. But, with sales plummeting, they're already offering hefty incentives on [...]
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Key senators told Detroit automakers today they were willing to consider granting a portion of the $34 billion they were seeking for survival in retu[...]
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The auto industry bailout is costing taxpayers billions, should Chrysler and GM file for bankruptcy protection?
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The administrations task force backs more auto loans from the government, but could use it as leverage.
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Chrysler CEO Robert Nardelli told a bankruptcy judge he expects the sale of the bulk of Chrysler's assets to a group headed by Italy's Fiat Group S[...]
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