Jun 02 Watch Political Stakes High in GM Bankruptcy Plan The political stakes are high for the Obama administration in guiding General Motors into bankruptcy -- and allowing the government to take a majority stake in the company. Analysts examine the political and economic implications of the decisions. Continue watching
Jun 02 Watch GM Making New Plans Under Reorganization One day after General Motors filed for bankruptcy, the company is poised to sell its Hummer brand and make other changes as it attempts to reorganize itself. Jeffrey Brown reports. Continue watching
Jun 01 Retired Auto Workers Ask Union Chief Ron Gettelfinger Their Questions In shooting a story on the GM bankruptcy that will air tonight, we asked a group of United Auto Worker retirees to put their questions directly to UAW President Ron Gettelfinger. Here are their… Continue reading
May 28 Watch GM Bondholders Strike a Deal As Bankruptcy Deadline Looms As a bankruptcy deadline looms for General Motors, major bondholders agreed to a deal that offers them a 25 percent stake in the company if they drop opposition to the company's reorganization plan. A reporter explains the negotiations. Continue watching
May 27 Watch GM Bankruptcy Would Mark Milestone in Industrial America After the rejection of General Motors' offer to trade bond debt for company stock, analysts consider what a GM bankruptcy says about the company and the auto industry generally. Continue watching
May 18 How Does Cutting Dealers Save the Automakers Money? Question: I keep hearing that GM has to shed brands and cut dealerships, but I don’t understand it. Is the logic simply that GM makes too many distinct carlines to be profitable given its total sales volume? Economies of… Continue reading
May 15 Watch Auto Dealership Closings Reverberate Across Economy General Motors and Chrysler announced the closings of hundreds of dealerships in an effort to bring the companies back from the brink of bankruptcy. Analysts examine the impact of the moves. Continue watching
May 04 Watch As U.S. Automakers Struggle, Fiat Seizes Expansion Opportunities With designs for global expansion, Italian automaker Fiat plans to acquire part of the restructured Chrysler company and is moving to take over GM's European unit. A Business Week reporter explains Fiat's plan. Continue watching
Apr 30 Watch Poet Hicok Reflects on Economic Hardships in Mich. Bob Hicok was born and raised in Michigan, worked in factories and once owned an automotive die design business there before becoming a professor at Virginia Tech. His poetry reflects on the economic hardships suffered in his home state. Continue watching
Apr 30 Watch After Filing For Bankruptcy, Chrysler Faces Tough Road Ahead Chrysler filed for federal bankruptcy protection Thursday and announced a new partnership with Italian automaker Fiat as part of a larger restructuring plan. Auto analysts assess the company's move and what it means for its workers. Continue watching