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  • Motown's Financial Blues     Friday, 1 Mar 2013 | 7:40 PM ET

    Michigan Governor Rick Snyder formally declared a fiscal emergency in Detroit. Doc Thompson, Detroit Talk Radio Host; Andrew McCarthy, former Federal Prosecutor; and Ari Melber, Nation Magazine, weigh in.

  • Chrysler's Future According to Marchionne Thursday, 28 Feb 2013 | 4:40 PM ET
    Sergio Marchionne, Chairman and CEO , Chrysler Group LLC.

    Nearly four years after taking over Chrysler, Sergio Marchionne is ready to take the Detroit automaker to the next level.

  • Want a New Car? You Probably Can't Afford One Wednesday, 27 Feb 2013 | 9:08 AM ET
    A customer looks over a Ford Fusion parked on the lot at a dealership in Colma, Calif.

    Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.

  • GM's Wi-Fi Move Brings the Connected Car Closer Monday, 25 Feb 2013 | 3:34 PM ET

    GM says starting next year it plans to put 4G LTE technology into millions of its cars, trucks and SUVs in a move that will put “mobile” into automobile.

  • Detroit's Financial Crisis Now in Governor's Hands Wednesday, 20 Feb 2013 | 9:38 AM ET
    Governor Rick Snyder

    Governor Rick Snyder has 30 days to decide if Detroit needs an emergency manager to oversee its finances after the city's fiscal situation was deemed a financial emergency.

  • Weak European Sales Behind GM Earnings Miss Thursday, 14 Feb 2013 | 1:03 PM ET

    GM reported fourth quarter earnings on Thursday that fell short of analysts' expectations, as losses in Europe widened and prices in its key North American market softened.

  • Stuck in Reverse, Detroit Edges Closer to Bankruptcy Tuesday, 29 Jan 2013 | 1:58 AM ET
    Bentley GT Speed Convertible

    At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.

  • The usual explanations for reckless borrowing focus on people's character. But recent research has shown that scarcity by itself is enough to cause this kind of financial self-sabotage.

  • The Stingray Is Back     Monday, 14 Jan 2013 | 1:22 PM ET

    Cuba has eased travel rules, and General Motors is unveiling its 2014 Chevrolet Corvette Stingray, with CNBC's Michelle Caruso-Cabrera and Stephan Paternot, Slated co-founder & chairman.

  • Ford's turnaround plan is "clearly working," Ford CEO Alan Mulally said in a First on CNBC interview on Monday from the Detroit Auto Show.

  • GM CEO Expects New Cars to Drive a ‘Renaissance’ Wednesday, 9 Jan 2013 | 2:07 PM ET
    GM's headquarters in Detroit

    Investing in new and updated cars and trucks will lead to a renaissance for General Motors, CEO Daniel Akerson told CNBC on Wednesday.

  • No Word on a Deal In Washington     Monday, 10 Dec 2012 | 6:38 AM ET

    President Obama is preparing to speak in Detroit today on the U.S. economy, and there is no word of any progress on a deal to avert the fiscal cliff. CNBC's John Harwood offers insight.

  • Detroit Slashes Jobs     Friday, 7 Dec 2012 | 7:30 PM ET

    Could Detroit become the largest U.S. city to file for bankruptcy protection? Doc Thompson, Detroit Talk Radio host, weighs in; while Ernest Istook, Heritage Foundation, discusses fiscal cliff concerns; and Robert Reich, Former Labor Secretary and Casey Mulligan, University of Chicago Professor of Economics, discuss the jobs report.

  • Federal Bailout For Detroit?     Wednesday, 5 Dec 2012 | 7:15 PM ET

    Should the Federal Government bail out the entire city of Detroit? Doc Thompson, host of Talk Radio 1270 WXYT, provides perspective.

  • SEOUL, Nov 6- General Motors Co said it would not build its next-generation Chevrolet Cruze small car in South Korea, raising the possibility that it might shift the assembly to Europe to help boost efficiency at its money-losing unit there. Rocha said the new model would be built in five regions, including Europe, the United States and China, according to Choi.

  • DETROIT, Nov 5- General Motors Co secured an $11 billion revolving credit facility, more than doubling its financial cushion and further strengthening the balance sheet of the largest U.S. automaker. Thirty-five banks from 14 countries, led by JPMorgan Chase& Co and Citigroup Inc, participated in the deal.

  • DETROIT, Nov 5- General Motors Co secured an $11 billion revolving credit facility, more than doubling its financial cushion and further strengthening the balance sheet of the largest U.S. automaker. The additional liquidity comes as GM works to stanch losses at its Opel brand in Europe.

  • UPDATE 1-GM secures $11 bln credit facility Monday, 5 Nov 2012 | 1:45 PM ET

    DETROIT, Nov 5- General Motors Co said it clinched an $11 billion revolving credit facility, further strengthening the largest U.S. automaker's balance sheet.

  • NEW YORK, Nov 3- Kim Bondy was in New Orleans seven years ago when Hurricane Katrina devastated the city, and scores of patients died in flooded hospitals cut off from power.

  • ANALYSIS-GM badly lags Ford in Europe restructuring Saturday, 3 Nov 2012 | 5:39 AM ET

    *Combined losses could top $6 bln in Europe in 2012-13. PARIS/ DETROIT, Nov 3- Ford Motor Co, which clung to the road with a timely swerve before the 2009 crisis that bankrupted General Motors Co, may now be pulling a similar stunt in Europe.