Automakers Tie Ads to Charitable Donations
November 25, 2008 - In a shift away from extravagant ads for expensive cars, automakers are turning to seasonal campaigns tied to charitable donations as more appropriate to the current economic climate.

Obama, Congressional Leaders Want Long-Term Plan from Auto Execs
November 24, 2008 - In remarks delivered on Sunday morning talk shows, an adviser to president-elect Barak Obama and House Speaker Nancy Pelosi said long-term business plans were needed from auto executives seeking federal aid.

Chastened Auto Execs Leave D.C. Empty Handed
November 21, 2008 - After testifying on Capitol Hill, the CEOs of the Detroit Big Three left Washington both empty-handed and chastened for failing to make a case for a bailout by illustrating fiscal responsibility.

Auto Execs Fare Poorly in Second Day of Testimony on the Hill
November 20, 2008 - In a second day of contentious testimony on Capitol Hill, auto executives were chastised for requesting federal aid while flying in private jets and walked away from the Congressional hearings empty handed.

Auto Execs Pleas Fall on Deaf Ears in D.C.
November 19, 2008 - In a tense hearing before the Senate banking committee, the leaders of the Detroit Big Three appeared unsuccessful in their efforts to gain support for a bailout in the current lame duck Congressional session.

Ford Sells Mazda Shares to Raise Operating Capital
November 18, 2008 - In a bid to raise badly needed operating capital, the Ford Motor Company divested itself of 20 percent of its 33.4 percent stake in Mazda, making the brand a Japanese company once again.

Prospects for Aid to Auto Industry Dim
November 17, 2008 - Representatives of the Detroit Big Three have gone to Washington for help from Congress, but receptive Democratic leaders admit they do not have the needed votes in the waning days of the Bush administration.

UAW President Says Unions are Not Part of the Automotive Industry's Problems
November 17, 2008 - During a weekend press conference, UAW President Ron Gettelfinger said huge job losses would result from an automaker bankruptcy and the workforce was not part of the cause for the current industry crisis.

Bush Administration, Congress at Odds on Remedy for Auto Industry
November 13, 2008 - With the Bush administration insisting that currently available bailout money can only be used for financial institutions, the Big Three automakers are set to return to Washington next week, hat in hand.

Oil and Gas Prices Remain Low on Recession Fears
November 13, 2008 - As fears of a global recession remain high, Americans are driving less, but also paying less with the average per gallon price of gasoline down $1.03.

Shares in GM Decline for 5th Day
November 11, 2008 - With analysts sharply pessimistic about the future of General Motors, shares in the troubled company fell for the fifth straight day to levels not seen since the close of World War II.

Auto Industry in Desperate Need of Federal Loans
November 10, 2008 - Unless the Detroit Big Three receive substantial federal assistance in the short-term, the automotive industry could be facing a catastrophic bankruptcy scenario that would ripple through the economy.

Ford Posts $3 Billion Third Quarter Loss
November 07, 2008 - One day after meeting with Congressional leaders in Washington to appeal for federal aid, Ford disclosed a shattering third quarter loss of $3 billion up for just $24 million for the same period in 2007.

Auto Execs Go Hat in Hand to D.C.
November 06, 2008 - Auto executives and the head of the United Auto Workers Union are in Washington today meeting with House Speaker Nancy Pelosi in an effort to gain federal funding for the flagging American auto industry.

GM and Ford Poised to Report Staggering Third Quarter Losses
November 05, 2008 - With both General Motors and Ford tallying net losses of more than $27 billion for the first two quarters of 2008, pundits say another $2 billion will be added to the total for the third quarter.

October Automotive Industry Sales Figures Lowest in 25 Years
November 04, 2008 - Automakers across the boards reported deep losses for October 2008, returning one of the sharpest industry declines in 25 years.

Report Says Treasury Told GM No
November 03, 2008 - The New York Times reports that General Motors has been unsuccessful in its attempt to gain a loan from the Treasury Department to facilitate its potential merger with Chrysler.