Thursday, December 18th, 2008
Chrysler has announced their halting production for the next 30 days as the company waits for its' second government bailout. They are not alone as Ford and GM announced the same plan, the same woes, and the same aspirations of getting a reprieve from Uncle Sam.
GM, the biggest U.S. ...
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Tuesday, December 16th, 2008
General Motors and Ford shares were up slightly on news that the companies may end up being bailed out by the US government. The proposed bailout had already been shot down by the Senate, but the White House indicated they'd do something to keep the struggling auto makers alive.
"An ...
Posted in Auto Industry News | No Comments »