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As GM moves closer to a reorganization plan, UAW President Ron Gettelfinger gives the union's perspective on the recent plans to boost the struggling auto industry.
Kwame Holman provides an update on reports that General Motors is likely to file for bankruptcy and that Chrysler is looking to conclude its bankruptcy proceedings.
In other news, the markets fell on news of auto dealership closings, and consumer prices were unchanged in April.
An international conference to stabilize Afghanistan began in the Netherlands, and Israel's new prime minister, Benjamin Netanyahu, pledged to work for peace with the Palestinians as he took office Tuesday.
President Barack Obama unveiled a $75 billion plan to ease the mortgage crisis that helped trigger the country's economic crisis. Kwame Holman reports on the president's announcement and other economic news of the day.
U.S. auto companies reported deep losses in sales Tuesday, while a key supply route was bombed in Pakistan. Judy Woodruff reports on these developments and other news headlines of the day.
At the annual Detroit auto show, car enthusiasts were not letting the frigid weather or drab economic climate deter them. Fred de Sam Lazaro gives an update from Detroit on the state of the auto industry and its efforts to…
With car sales plummeting, giant automaker Toyota Motor Corp., posted its first operating loss in 71 years. Economic analysts examine what impact the company's massive losses will have on the global economy.
This week, the White House announced an aid package to keep the Big Three afloat, and Gov. Rod Blagojevich denied accusations of plotting to sell President-elect Obama's senate seat. Mark Shields and David Brooks offer their analysis.
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