4/26/2007–A Dodge Ram pickup has bumpers attached and wired as it makes its way down the line at the DaimlerChrysler North Assembly Center. Post-Dispatch file photo
President Barack Obama’s financial recovery plans have been derided by the Republican leadership and some…
American automakers Chrysler and General Motors are asking for more government aid in their attempt to become “going concerns” again.
GM is expected to release its plan after 6 p.m. today. Chrysler is expected to follow. Both are required by the…
GM's 1959 Caddy: Glory days.
America’s Big Three automakers sell (or lately, don’t sell) 15 different brands of vehicles, including 112 different car and truck models at more than 13,000 dealerships throughout the United States. All of these numbers are problematic and…
Chevrolet once marketed itself as the “heartbeat of America.” Today, the heartbeat of the American auto industry is weak — but at least it still has a pulse.
On Thursday, Congress decided to wait before voting on whether to provide cash-strapped…
Once, what was good for General Motors was good for the United States. This week, the chief executive of General Motors — along with his counterparts at Ford and Chrysler — tried to convince Congress that the saying still holds…
The Chrysler Fenton plant
The federal government may subsidize the merger of General Motors and Chrysler soon in the hope that combining these corporate clunkers might keep them out of the junkyard of bankruptcy.
Given the stakes — 315,000 jobs and benefits for…
The federal government, already pumping cheap money into the banking industry to prevent a credit collapse and poised to recapitalize Fannie Mae and Freddie Mac by as much as $50 billion to get mortgages flowing, is about to be tapped…
The financial geniuses who run Cerberus Capital Management and its Chrysler LLC unit have utterly failed thousands of St. Louis families who depend on Chrysler’s Fenton plants for their livelihood.
They have failed the city of Fenton and the state of Missouri, which three…
