Review some of the key developments and coverage of the auto industry's troubles over the past year in this timeline.
By PBS NewsHour
General Motors Corp. CEO Fritz Henderson announced Friday that the company emerged from bankruptcy and now begins the task of remaking the struggling American carmaker that was once the world's largest and most powerful.
In other news, Chrysler said it will reopen seven auto plants, and the National Security Administration's domestic surveillance program may have been broader than first realized, according to The New York Times.
In other news, two bombings at Pakistani mosques killed at least nine people and the U.N. Security Council expanded sanctions against North Korea.
Chrysler finalized the sale of its assets to Italian automaker Fiat Wednesday after the Supreme Court cleared the way for the deal. Analysts examine the future for the newly merged company.
Italian automaker Fiat became the new owner of most of Chrysler's assets Wednesday, in a move that largely ends the U.S. company's bankruptcy process and staves off concerns about liquidating the company.
In other news, a bankruptcy judge approved the closing of 789 Chrysler dealership franchises, and on Wall Street, financial markets stayed relatively stable.
In a one-sentence order late Monday, the Supreme Court granted a request to delay the sale of bankrupt automaker Chrysler to a group led by Italian carmaker Fiat SpA. Marcia Coyle of the National Law Journal recaps the court's move…
By Admin, PBS NewsHour
General Motors, a longtime cornerstone of American industrial power, filed for bankruptcy protection Monday morning and embarked on a broad restructuring, paving the way for the struggling automaker to receive another $30 billion in taxpayer aid.
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.
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