In a stunning development, the U.S. Senate dealt a fatal blow to the auto bailout proposal: Democrats and Republicans in the Senate were unable to reach a compromised deal that would get bipartisan ...
Trump Threatening GM Over Its Plant Closure Is the Real ‘Gangster Government’Trump has spent his brief political career systematically exposing the bad faith of every complaint Republicans made ...
In Detroit, Hillary Clinton wrongly said that “back in the Great Recession … Donald Trump said rescuing the auto industry didn’t really matter very much. He said, and I quote again, ‘Let it go.’ ” ...
Most of the focus on the 2009 auto bailout has been on General Motors. The Treasury Department’s simultaneous deal to save Chrysler has received considerably less scrutiny, which has been a real ...
Any US government help for the battered auto industry will likely come with significant strings attached, including sharp cutbacks in operations and workers, analysts say. There also will be ...
As the auto manufacturing bailout founders on Capitol Hill, bankruptcy attorneys speculate that a General Motors Corp. bankruptcy filing would involve legal fights about union issues and consumer ...
General Motors made a record-breaking profit last year. And to date, taxpayers have recovered close to half the $50 billion federal investment in the company. So the auto bailout worked, right? Wrong, ...