Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011. ...more

November 3, 2009

670,000 Number of General Motors retirees 112,000 Number of General Motors retirees to lose health care benefits ...more

April 19, 2009

Last year Kevin McNellis was trying to sell Buicks, Hyundais and GMC trucks in Elkhart, Ind. ...more

April 1, 2009

Pilloried and vilified, Rick Wagoner has agreed to step down as General Motors Corp. chairman and chief executive as part of a White House plan to provide more aid to U.S. automakers. ...more

March 30, 2009

The Obama administration plans to give General Motors Corp. enough government aid to restructure over the next 60 days, while Chrysler LLC will get up to $6 billion and 30 days to complete an alliance with Italian automaker Fiat SpA. ...more

March 29, 2009

General Motors Corp. Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday. The news comes as President Obama prepares to unveil additional restructuring efforts designed to save the domestic auto industry. ...more

March 29, 2009

Investors fled Wall Street again Thursday, driven by worries about the stability of the nation's big banks and General Motors Corp. ...more

March 6, 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

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

The day before President-elect Barack Obama takes office, the escalating troubles facing major banks around the world couldn't be clearer. ...more

January 20, 2009