DetroitAutomakers

In last night's televised speech to a joint session of Congress, President Obama vowed to commit to a reworking of the domestic auto industry, saying that it is too important to let go: But we are committed to the goal of a re-tooled, re-imagined auto industry that can compete and win. Millions of ...

The Detroit 3 are pushing hard for $50 billion in low interest loans to keep factories running, build new ones and create alternative powertrains. Presidential candidate Barak Obama has already endorsed $50 billion in loans and Republican nominee John McCain has signed on for $25 billion in loans ...

Mainstream media has been quick to pile on Detroit automakers, which, along with some questionable Motown metal, has helped drive nationwide perception of the Big Three into the ground. Now that times are tough at traditional media outlets, well, that's Detroit's fault, too. Back in 2004, about $24 ...