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  • President Barack Obama

    President Obama couldn't let General Motors fail, but he won't concede he's taking over the company.

  • Obama: Taxpayers Are Reluctant Shareholders in GM Monday, 1 Jun 2009 | 12:29 PM ET
    President Barack Obama

    President Barack Obama is defending the government's intervention in the auto industry, saying the collapse of GM and Chrysler would have been devastating for the economy and American workers.

  • 'GM Has Been a Small-Cap Stock for Some Time': Doll Monday, 1 Jun 2009 | 11:11 AM ET

    General Motors'  bankruptcy filing on Monday comes at no surprise, said Bob Doll, BlackRock vice chairman.

  • General Motors' Top Trade Creditors Monday, 1 Jun 2009 | 11:04 AM ET

    General Motors filed for Chapter 11 bankruptcy protection in New York Monday.  Here are following is the list of the largest trade creditors:

  • AutoNation CEO: Consumer Credit Is a Problem Monday, 1 Jun 2009 | 10:56 AM ET

    AutoNation  CEO Mike Jackson says buyers are coming to car showrooms, but the credit isn't there to make the sales.

  • GM Workers Taking in Bankruptcy Effects Monday, 1 Jun 2009 | 10:44 AM ET

    For General Motors workers and others across the nation, reaction to the automaker's historic bankruptcy filing Monday and the effect on their plants and lives ranged from resignation to fear.

  • General Motors to Close 14 Plants, Put 3 on Standby Monday, 1 Jun 2009 | 10:40 AM ET

    General Motors filed for Chapter 11 bankruptcy protection Monday. Following is a list of GM plants that will be put on standby or closed.

  • Ford Parts Maker Gets Approval in Bankuptcy Motions Friday, 29 May 2009 | 5:23 PM ET

    Visteon, the top supplier to and a former subsidiary of Ford, filed for bankruptcy protection on Thursday, citing liquidity and debt problems, and turmoil in the automotive industry.

  • Transports Signal Better Economy Friday, 29 May 2009 | 3:21 PM ET

    Plus, Cramer makes the call on retail, autos, gold and more.

  • GM Bailout Has Future Tax Break Worth Billions Friday, 29 May 2009 | 3:02 PM ET
    General Motors Headquarters

    The government bailout of General Motors includes a valuable prize for the ailing carmaker: a tax break that could save GM and its future investors more than $12 billion.

  • GM Shares Fall Below $1 as Deadline Approaches Friday, 29 May 2009 | 11:46 AM ET

    Shares of General Motors have fallen below $1 for the first time in 76 years as a Chapter 11 bankruptcy filing for the automaker appears increasingly likely.

  • GM Bankruptcy Could Take 90 Days Or More: Official Thursday, 28 May 2009 | 6:00 PM ET
    Empty GM Dealership

    The Obama administration estimates that any GM bankruptcy would take at least 60 to 90 days and perhaps longer, a senior official said.

  • GM Bondholder Deal Still A Hope: White House Wednesday, 27 May 2009 | 4:38 PM ET
    General Motors logo

    The Obama administration continues to try to facilitate a long-shot debt-reduction agreement with reluctant General Motors bondholders despite a bankruptcy deadline.

  • Chrysler In Court, Makes Case To Sell Assets To Fiat Wednesday, 27 May 2009 | 4:27 PM ET

    The future of Chrysler hung in the balance Wednesday as it prepared to ask a bankruptcy judge for permission to sell the bulk of its assets to a group headed by Italy's Fiat in hopes of saving itself from liquidation.

  • GMAC Receives $7.5 Billion More in Federal Aid Thursday, 21 May 2009 | 11:16 AM ET

    The government is providing auto lender GMAC with $7.5 billion in fresh aid to enable it to make new loans for General Motors and Chrysler vehicles.

  • Air France-KLM, Delta Tie-Up to Reap $12 Billion Wednesday, 20 May 2009 | 9:53 AM ET

    Delta Air Lines, Air France and KLM signed a deal Wednesday to combine two separate joint venture agreements into one to create a more integrated trans-Atlantic powerhouse that they said will generate $12 billion in annual revenue.

  • Automakers, Obama Announce Mileage, Pollution Plan Tuesday, 19 May 2009 | 8:20 AM ET
    President Barack Obama

    President Barack Obama wants drivers to go farther on a gallon of gas and cause less damage to the environment—and be willing to pick up the tab.

  • Auto Sales Will Remain Weak in May: GM CEO Tuesday, 19 May 2009 | 7:45 AM ET
    GM auto dealership with sign.

    Auto sales continue to be week this month as consumers struggle with lack of confidence and lack of credit, General Motors CEO Fritz Henderson said Tuesday.

  • Obama to Unveil New Vehicle Emission Standards Monday, 18 May 2009 | 2:46 PM ET
    Car Emissions

    President Barack Obama will issue new vehicle emission standards and pair them with a broader goal of reducing pollution, marking the first time limits on greenhouse gases will be linked to federal standards for cars and trucks.

  • Dealer Closings Mean Deals As Cars Have To Go Monday, 18 May 2009 | 11:52 AM ET
    Customer at an auto dealership.

    At 789 Chrysler lots across America sit 44,000 potential bargains—cars and trucks that are stuck between shell-shocked dealers and a troubled company that no longer wants their services.

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