generalmotorsbailout

Without the government bailout of General Motors and Chrysler, the U.S. auto industry would likely have two fewer domestic automakers and hundreds of thousands of high paying jobs would be history. The Detroit News reports that ex auto task force chief Steve Rattner recently told an audience at a ...

It's been a bad month for Pontiac fans. While begging for money from Congress, GM mentioned its intentions to sacrifice the brand to aid the General's recovery and get a few billion from the feds in the process. Now comes word that GM may ...