Citing worsening U.S. economic conditions, GM and Chrysler told the Obama administration Tuesday that the companies need at least an additional $14 billion in loans to survive. ...more

February 18, 2009

The U.S. auto industry needs even more help from the government to survive than originally thought. General Motors on Tuesday said it could need up to $30 billion from the Treasury Department to keep operating. Included in that amount is $13.4 billion the company has already received. Previously, GM had said it could need as much as $18 billion. ...more

February 17, 2009

Until very recently, the relationship between automakers and policymakers went something like this: The industry asserted its position, and leaders in Washington largely acquiesced. ...more

February 7, 2009

Americans Receiving Jobless Benefits Hits Record WASHINGTON (AP) - The number of people receiving unemployment benefits has reached the highest level on records that go back more than 40 years, the government said Thursday, and more layoffs are spreading throughout the economy. ...more

February 1, 2009

President Barack Obama took aim Monday at the lofty but long elusive goal of making the nation more energy independent, ordering reviews that could lead to tougher auto emission standards in states and higher pressure on automakers to produce more fuel-efficient cars. The president: ...more

January 27, 2009

Japan's Toyota Motor Corp. sold more cars and trucks last year than General Motors Corp., stripping the Detroit automaker of the No. 1 global sales crown. But it's a victory made hollow by the overall industry's continued struggle for viability amid one of its worst sales declines ever. ...more

January 21, 2009

Despite the auto industry's slumping sales and questions about the financial future of the U.S.-based companies, auto shows like the one getting under way in Detroit remain important global stages for American car and truck makers - and many of their foreign rivals. ...more

January 13, 2009

As a charity that helps homeowners in a pinch, Lighthouse of Oakland County could use every penny it can collect as foreclosures and unemployment rise. But scratched from the 2009 calendar is its biggest fundraiser of the year, a black-tie dinner. ...more

January 2, 2009

Here's the vacation no one wants, courtesy of the recession: Forced time off without pay. ...more

January 2, 2009

Midwinter Madness I know this probably won't do any good, but I need to say it anyway. ...more

December 28, 2008