Jan 28th, 2010 · Ford Motor Co. says it made $2.7 billion in 2009 — thanks to cost cutting, debt reduction and strong vehicle sales. Ford's reputation is seen as benefiting by being the only major U.S. automaker which didn't go through bankruptcy, unlike General Motors and Chrysler.
Jan 12th, 2010 · U.S. auto companies are trying to put their best faces forward at the International Auto Show in Detroit. Monday's press preview drew thousands of journalists and more than a dozen Washington politicians, all eager to see what the future holds for General Motors, Ford and Chrysler. Ford got off to a good start — winning both car and truck of the year.
Jan 11th, 2010 · The Detroit Auto Show opens this week, and today, reporters got a preview of what's coming to showrooms later this year. Joining the journalists are members of Congress, who are there to see how General Motors and Chrysler are spending tens of billions of dollars in taxpayer money. Robert Siegel talks to NPR's Frank Langfitt.
Jan 11th, 2010 · The North American International Auto Show opens this week in Detroit. For Chrysler and General Motors, this is the post-bankruptcy auto show where the companies need to persuade potential customers that more than $60 billion in federal bailout money was well spent.
Dec 11th, 2009 · The Treasury's pay czar, Kenneth Feinberg, is limiting cash compensation for executives at Citigroup, GMAC, AIG and General Motors to $500,000 and delaying other payouts. The rules apply to the second half of December, and won't affect what execs have already been paid this year.
Dec 11th, 2009 · The Treasury's pay czar, Kenneth Feinberg, is limiting cash compensation for executives at Citigroup, GMAC, AIG and General Motors to $500,000 and delaying other payouts. The rules apply to the second half of December, and won't affect what execs have already been paid this year.
Nov 30th, 2009 · Some General Motors employees in Spring Hill, Tenn., are going to have to find new jobs. GM will lay off 2,000 workers there this week. Production of the Chevy Traverse is moving to Michigan. Roughly 800 employees have been invited to move with the SUV. Others will stick around Spring Hill. Blake Farmer reports for member station WPLN.
Nov 25th, 2009 · A deal by General Motors to sell Saab has collapsed. GM says that Koenigsegg Group has decided to end the deal that was announced in June. Analysts say unless another buyer emerges soon, the Swedish car brand could be history.