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According to Reuters, GM (GM) and Chrysler are close to a loan deal with the government. Reuters reports that Obama…
Credit rating agencies and stock analysts have the habit of stating the obvious after the obvious is obvious to everyone…
The latest big idea to help save the American auto industry is an old one–merge GM (GM) and Chrysler. It…
According to Reuters, Chrysler will idle its plant for a month to cut inventory and costs. Reuters reports that the…
These are some of the key analyst downgrades and negative calls we have seen this Tuesday morning: ADTRAN (ADTN) Cut…
The car czar is a joke, a way to get a few billion dollars to GM (GM) and Chrysler while…
The recession has caused so much panic among Americans that it has addled their minds. According to a new poll…
The airline industry rule about Chapter 11 is to file whenever necessary and file early while there is still cash…
Toyota (TM) has been poised to become the preeminent global car company for sometime. Its worldwide production passed GM’s (GM)…
General Motors (NYSE: GM) is finally taking a step in the obvious direction. The company is now apparently cutting about…
According to MarketWatch, "Treasury says ‘stands ready’ to help auto makers." "Treasury said auto aid would last until Congress acts."…
Now that the Senate has blown any chances of saving the auto industry before its first session next year and…
With Republicans in the Senate thwarting an auto company bailout bill, GM (GM) has decided to play its trump card.…
According to Reuters, the auto bill died in the Senate and there will be no more action this year. Reuters…
Based on GM’s last quarterly financial statement, the car company had $28 billion in payables. Most of those were to…
Our top personal finance-related articles today. Your wallet will thank you later.