GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid. ...more

January 3, 2009

The head of General Motors said that at least five plants will close, even with the bail-out money. ...more

January 3, 2009

Even after a crucial deadline came and went, the financing arm of General Motors Corp. remained silent Saturday on whether it cleared a final hurdle to become a bank holding company and gain access to billions in federal bailout money. ...more

December 28, 2008

General Motors Corp. said Friday that it will temporarily close 20 factories across North America and make sweeping cuts to its vehicle production as it tries to adjust to dramatically weaker automobile demand. ...more

December 13, 2008

A bailout plan designed to force General Motors, Chrysler and Ford to become more financially viable without risking too much taxpayer money was submitted to the White House on Monday. Here's a look at the plan: ...more

December 9, 2008

Rick Matthews doesn't want folks calling it a bailout. ...more

December 5, 2008

November's U.S. vehicle sales at General Motors and Chrysler plunged more than 40 percent, and Ford's sales dropped 31 percent, crushing hopes that the industrywide drop in vehicle demand might be easing as the U.S. automakers prepare to state their second case for a federal bailout. ...more

December 3, 2008

Alex Billos of New Port Richey offers his observations on the current financial turmoil. ...more

December 3, 2008

Detroit's automakers are making a second bid for $25 billion in congressional funding this week. CEOs from General Motors, Ford and Chrysler, who were criticized last month for traveling to Washington separately by private jets and faced pointed questions about their salaries, are seeking to defuse those issues. ...more

December 3, 2008

Today, Detroit automakers take a second run at Congress to persuade lawmakers to give them $25 billion in federal aid, but their agendas are diverging as they contemplate futures as drastically different car companies. ...more

December 2, 2008