These are transformational times in a nation rooted for a century in a life of lunch buckets, calloused hands and belching smokestacks. That life is being upended and it's on to new, more ephemeral things. ...more

December 28, 2008

For another generation, today's date brings up many of the same emotions as Sept. 11 does to this one. ...more

December 7, 2008

Jolted by the loss of thousands of jobs, congressional Democrats and the White House reached for agreement Friday on about $15 billion in bailout loans for the beleaguered auto industry. President George W. Bush warned that at least one of the Big Three carmakers might not survive the current economic crisis. ...more

December 5, 2008

LOS ANGELES (AP) - With the United States all but certainly in a recession and many skittish consumers hesitant to buy even a cheap compact, it would seem the last thing anyone would need is a $400,000 Rolls-Royce Phantom. ...more

November 30, 2008

With the U.S. all but certainly in a recession and many skittish consumers hesitant to buy even a Honda Accord, it would seem the last thing anyone would need is a $400,000 Rolls-Royce Phantom. ...more

November 21, 2008

Last September, I was in a hotel room watching CNBC early one morning. They were interviewing Bob Nardelli, the CEO of Chrysler, and he was explaining why the auto industry, at that time, needed $25 billion in loan guarantees. It wasn't a bailout, he said. It was a way to enable the car companies to retool for innovation. ...more

November 16, 2008

If credit remains locked up and auto sales continue to slump, the federal government's $25 billion loan package for the auto industry could be a huge help in keeping Detroit's downtrodden automakers afloat, lawmakers and industry analysts say. ...more

September 30, 2008

Volkswagen is moving its North American headquarters out of the Detroit area - the nation's automotive capital - to the suburbs of the nation's capital and will cut 400 jobs in the process, the German auto maker said Thursday. ...more

September 7, 2007