$30 billion GMAC's goal for capital, the majority of which would come from the exchange of debt ...more

December 28, 2008

A federal welfare package for the U.S. auto industry's Little Three is inevitable. ...more

November 15, 2008

The chief executive of Chrysler LLC said Monday that his company hasn't reached any new deals with other automakers but has spoken with outside parties interested in working with the Dodge and Jeep maker. ...more

October 14, 2008

General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks. ...more

October 12, 2008

Chrysler LLC Vice Chairman Tom LaSorda said Wednesday his company will invest $1.8 billion to expand a Detroit assembly plant and retool it to make a new car-based sport utility vehicle. ...more

August 14, 2008

Miami-based Lennar Corp. on Tuesday walked away from developments planned for Pasco, Hillsborough and five other Florida counties. The troubled builder sold 8,300 homesites to Tampa-based Metro Development Group for an undisclosed sum. ...more

December 4, 2007

General Motors Corp. probably thought nothing could be worse than poor quality ratings or a strike by the United Auto Workers union. ...more

November 30, 2007