OBAMA TO SAY U.S. AUTO INDUSTRY IS "SHOWING SIGNS OF LIFE" AND BUSINESS INVESTMENT STARTING TO STABILIZE - WHITE HOUSE...
WASHINGTON, Feb 24 - President Barack Obama said on Tuesday he supports revamping the U.S. auto industry to make it competitive but the government would not protect automakers from their own bad decision-making. "We should...
DETROIT, March 27 - There are a number of scenarios President Barack Obama can follow on Monday when he unveils the next phase of the government's bailout plan for troubled U.S. automakers. The government has...
WASHINGTON, Oct 26 - Republican presidential candidate John McCain on Sunday declined to embrace the idea of $15 billion more in government aid for the struggling U.S. automobile industry but did not rule it out....
LINCOLN, Ala., June 2 - To find a U.S. region where auto manufacturing is well placed to weather the storm in the American car industry, look south. As General Motors Corp this week followed Chrysler...
WASHINGTON, Dec 3 - Senate Majority leader Harry Reid wants to try to find a way to avert threatened bankruptcies in the U.S. auto industry with Detroit Three chief executives readying for a make-or-break hearing...
WASHINGTON, Nov 19 - Prospects for a Congressional bailout of the U.S. auto industry faded further on Wednesday with little expectation that Democratic leaders would support a compromise...
DETROIT, Oct 30 - The governors of six states urged the U.S. Treasury and the Federal Reserve to take "immediate action" to prevent a deepening crisis for the auto industry that would become "an unmanageable...
WASHINGTON, Dec 10 - The U.S. House of Representatives approved a bill on Wednesday to lend up to $14 billion to the three struggling U.S. automakers, General Motors Corp <GM.N>, Ford Motor Co <F.N> and...
Shanghai, November 17 (Gasgoo.com) China's Ministry of Commerce said yesterday that it will investigate the U.S. government's financing and rescue plans for the American auto industry, Shanghai Daily reported.