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  • Stocks Plunge, Leaving Dow Below 7600 Thursday, 20 Nov 2008 | 5:19 PM ET

    Stocks plunged Thursday as anxiety about the economy and the government's wheel-spinning on the auto bailout and TARP plagued the market throughout the day, culminating in a massive final hour selloff. The Dow ended below 7,600, a more than five-year low. The S&P closed at an 11 1/2-year low.

  • Which Senators Have Auto Plants in Their States? Thursday, 20 Nov 2008 | 2:23 PM ET

    As Capitol Hill wrestles with a bailout of the Big Three Detroit automakers, CNBC decided to look into the Senate representation of the U.S. automotive manufacturing base. What follows is a state-by-state compilation of auto plants:

  • Stock Markets Ascend with GM Bailout Hopes Thursday, 20 Nov 2008 | 2:11 PM ET

    After getting creamed yesterday, stocks opened down a couple hundred points this morning in what has become a truly dismal bear-market recession scenario. There were more bad numbers this morning on leading economic indicators that are sinking, a terrible manufacturing report from the Philly Fed index, and a big spike up in jobless claims.

  • Stocks Retreat as Auto Bailout May Stall Thursday, 20 Nov 2008 | 1:29 PM ET

    Stocks wobbled as key lawmakers said an auto bailout deal might have to wait until December.

  • GM, Ford & Chrysler CEOs Take Their Medicine Thursday, 20 Nov 2008 | 12:10 PM ET
    Big 3 Bailout

    So, I know I'm going a little off the Rx reservation, but as a former metro Detroiter I felt compelled to write about what's going on with the American automakers in the wake of what I see as a tremendous missed opportunity for some good PR and goodwill yesterday.

  • Stocks Slide as Bailout Uncertainty Grows Thursday, 20 Nov 2008 | 11:01 AM ET

    Stocks opened sharply lower Thursday as jobless claims hit a 16-year high, exacerbating anxiety in the market about the faltering auto bailout and uncertainty about the TARP plan.

  • Big 3 CEOs: What They Might Have Done To Help Their Case Thursday, 20 Nov 2008 | 10:16 AM ET

    It's hard to say if the Big 3 CEOs blew it on Capitol Hill, but it certainly wasn't the best couple of days. While Rick Wagoner, Alan Mulally, and Bob Nardelli all gave legitimate answers and tried their best to spell out just how important a $25 Billion loan is to their survival, their hearings did not turn out well.

  • Futures Slide as Jobless Claims Soar Thursday, 20 Nov 2008 | 9:21 AM ET

    Futures tumbled Thursday after jobless claims jumped to a 16-year high. This followed Wednesday's crushing selloff that saw the Dow close below 8,000 for the first time in more than five years.

  • Chrysler Still Wants GM Merger: Report Thursday, 20 Nov 2008 | 7:06 AM ET

    Chrysler hopes to restart merger talks with General Motors if the government comes up with a bailout package for automakers, the Financial Times reported Thursday.

  • Peugeot to Cut Jobs, sees 2009 Car Sales Drop Thursday, 20 Nov 2008 | 3:53 AM ET

    French carmaker PSA Peugeot Citroen plans to cut 2,700 jobs and said on Thursday that due to the financial crisis and the sector's turmoil car sale volumes in main European markets would drop by at least 10 percent in 2009 and 17 percent in the fourth quarter.

  • Market Condition: Critical! Wednesday, 19 Nov 2008 | 10:38 PM ET

    You could hear the screams on Wall Street (and perhaps a few sighs of relief that the bloodletting was over -- for today at least) when the Dow closed down 427 points -- to a level BELOW 8,000 for the first time in over five years. The market's in "critical condition," says Cramer, and likens it to a "hospital emergency room."

  • Best Cars to Buy Now For Best Resale Later Wednesday, 19 Nov 2008 | 9:13 PM ET

    The Kelley Blue Book results are in. Find out which cars made the cut.

  • Market Insider: Credit Crunches Wall Street Wednesday, 19 Nov 2008 | 7:44 PM ET

    There is no joy on Wall Street, and frankly, the mood is getting worse. On Wednesday, stocks hit a 5-1/2 year low on waves of selling stemming from a meltdown in financials. The group was down nearly 12%, with some big names like Citigroup at shocking lows.

  • Auto Bailout Is Still Unlikely Despite Compromise Effort Wednesday, 19 Nov 2008 | 6:10 PM ET

    Senate negotiators sought to craft a compromise plan to bail out US auto makers, though prospects for a deal before Congress adjourns for the year still appeared remote.

  • Dow Ends Below 8,000, More Than 5-Year Low Wednesday, 19 Nov 2008 | 5:21 PM ET

    Stocks plunged to a more than five-year low amid worries about the fate of the auto industry — and the economy — as a bailout for the sector grows increasingly unlikely.

  • No Auto Bailout? Investors May Just Say 'No Problem' Wednesday, 19 Nov 2008 | 4:21 PM ET
    Car Factory Employees

    If Congress turns its back on the Big Three auto makers—as many expect—investors probably won't drive the stock market off a cliff.

  • Stocks Tumble Amid Dim Prospects for Autos Wednesday, 19 Nov 2008 | 1:45 PM ET

    Stocks declined Tuesday amid worries about the fate of the auto industry as a bailout grows increasingly unlikely.

  • Lexus Going Ahead On Sports Sponsorships: Buick Cuts Back Wednesday, 19 Nov 2008 | 12:39 PM ET
    Lexus

    Luxury automaker Lexus will be moving ahead as planned with its USGA and USTA sponsorships for 2009. Lexus spokeswoman Nancy Hubbell tells me the company is committed to its golf and tennis promotional activities for next year.

  • Stocks Idle Amid Focus on Auto Hearings Wednesday, 19 Nov 2008 | 10:22 AM ET

    Stocks opened mixed Tuesday as a pop in commodities and sharp drop in consumer prices briefly offset worries that Congress won't bail out auto makers.

  • Busch: How The Auto "Bailout" Scenario Plays Out Wednesday, 19 Nov 2008 | 10:04 AM ET

    Essentially, the US auto industry is a contractual tower of Babel and there is no coordination amongst federal, state, and local governments to structure a comprehensive deal. This is why the Republicans are skeptical about a loan/bailout.

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