Revving up for automakers’ restructuring plans
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…
Saving the auto industry from itself
Protecting pensions is good for G.M., and the country
The cheap gas trap
The price of gasoline in St. Louis averaged $2.02 per gallon on Friday, a little more than half of its $3.98 high last July. This week a gallon of regular unleaded is going for less $2 at many stations for the…
Monday editorial: Bailing out Chrysler and GM
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…
Friday editorial: A $50 billion car loan
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…





