WASHINGTON - A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies. ...more

December 3, 2008

many who were members of the Middle Class only a few months ago - are putting an unprecedented strain on the nation's food banks. And it isn't just a worry on Thanksgiving Day. ...more

November 27, 2008

Ernie Haire Ford Inc. of Tampa has filed for bankruptcy protection, boosting to at least five the number of local auto dealerships that have faltered in the troubled economy. ...more

November 26, 2008

TAMPA Ernie Haire Ford Inc. of Tampa has filed for bankruptcy protection, boosting to at least five the number of local auto dealerships to falter in the troubled economy. On Monday, Ernie Haire filed for Chapter 11 bankruptcy, which will allow it to continue operating and to reorganize its finances while protected from its creditors. ...more

November 25, 2008

The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry. ...more

November 21, 2008

WASHINGTON (AP) - The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own. ...more

November 9, 2008

DETROIT — At Ford Motor Co. they called it "Blue," a team set up around the year 2000 to design an array of small, fuel-efficient cars to compete with the Japanese. ...more

November 8, 2008

The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own. ...more

November 8, 2008

General Motors is edging closer to running out of money, as slumping sales and deteriorating economic conditions drove the automaker to a larger-than-expected loss of $4.2 billion in the third quarter, excluding a one-time gain. ...more

November 8, 2008

The auto industry is preparing to report another month of rapidly slowing sales - possibly the worst in decades - as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships. ...more

November 1, 2008