DETROIT (AP) - The Obama administration is likely to demand deeper concessions from Chrysler LLC and General Motors Corp. in exchange for additional federal loans, a person briefed on the government's plan said Friday. ...more

March 29, 2009

The Obama administration was finishing work on a plan to give more financial aid to two Detroit automakers in return for tough cost-cutting measures that will ensure the companies' survival. ...more

March 28, 2009

If General Motors Corp. were forced into Chapter 11 bankruptcy protection, the company would end up being liquidated because a long bankruptcy would scare customers away, CEO Rick Wagoner said Tuesday. ...more

March 17, 2009

The United Auto Workers' deal with Detroit's three automakers limits overtime, changes work rules, cuts lump-sum cash bonuses and gets rid of cost-of-living pay raises to help reduce the companies' labor costs, people briefed on the agreement said Wednesday. ...more

February 18, 2009

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

General Motors Corp.'s treasurer said Wednesday that the automaker is planning to put its Strasbourg, France, manufacturing operation and its Hummer truck brand up for sale and may announce more asset sales later this year. ...more

September 25, 2008

TAMPA BAY AREA Digital Studios Expands Tampa Digital Studios is expanding its film and video operations by acquiring the sports programming and production arm of Tampa-based Focused TV Productions. That four-employee unit of Focused TV produces programming for ABC, ESPN, Versus, NBC and other networks, with coverage of events such as the ESPN show dog championships and offshore powerboat racing. Tampa Digital Studios, one of the larger media production companies in west Florida, is based in Ybor City and will have about 40 employees after the merger. ...more

February 23, 2008

For all the good in GM's 2007 results - near-record worldwide sales, and reductions in labor costs and retiree health obligations - there is no getting around the $38.7 billion in red ink. ...more

February 13, 2008

Its years as the nation's largest employer a distant memory, General Motors may still be setting the trend for corporate-worker relations in shedding its obligation for the health care of 340,000 retirees. ...more

October 16, 2007

There was some dissent and a lot of questions, but in the end, local United Auto Workers leaders voted to recommend approval of a new four-year contract with Chrysler LLC that is similar to one ratified last week with General Motors Corp. ...more

October 16, 2007