Dec 18 Watch Automakers Idle Plants While Awaiting Federal Action Faced with historically slow sales, the big three auto companies have made more cost-cutting moves, including temporarily shuttering plants, in an attempt to stay afloat while the government debates an auto industry aid package. A reporter in Detroit provides an… Continue watching
Dec 18 Chrysler, Ford Announce Plans to Shutter Plants By PBS News Hour Chrysler LLC is closing all 30 North American manufacturing plants for at least a month, the company's latest cost-cutting move as the big three auto makers struggle to stay afloat while waiting for a government decision on aid to the… Continue reading
Dec 12 Watch Automakers Look to White House to Revive Bailout Hopes The White House said Friday it may use funds from the $700 billion financial bailout package to aid struggling U.S. automakers after the Senate rejected a rescue plan. Analysts discuss the debate over the bailout. Continue watching
Dec 12 Watch UAW Chief Gettelfinger Defends Position on Wage Cuts The White House said Friday it may use funds from the $700 billion financial bailout package to aid struggling U.S. automakers after the Senate rejected a rescue plan. UAW head Ron Gettelfinger explains his position. Continue watching
Dec 12 White House Weighs Action on Auto Rescue By Admin, PBS News Hour The White House said Friday it was considering tapping the $700 billion financial industry bailout fund to prevent the collapse of the ailing U.S. auto giants after the Senate failed to reach a compromise on a rescue package for Detroit's… Continue reading
Dec 11 GOP Could Put Brakes on Auto Rescue Bill By Admin, PBS News Hour As a compromise deal between Democrats and the White House to extend $14 billion in emergency loans to struggling U.S. automakers moves forward, it faces strong opposition by some GOP lawmakers. Continue reading
Dec 09 Watch Congress Debates Details of Automaker Rescue Plan Senate leaders continued to hammer out details of a rescue plan for U.S. automakers Tuesday, including limits on executive compensation and federal oversight of industry restructuring. Sens. Chris Dodd, D-Conn., and Richard Shelby, R-Ala., debate the plan's merits. Continue watching
Dec 08 Watch Auto Rescue Plan Advances as Congress, White House Near Deal Congressional leaders are hammering out a deal with the White House to offer General Motors and Chrysler $15 billion in low-interest loans. Two reporters discusses the details. Continue watching
Dec 04 Watch Auto Execs Make Bailout Case to Skeptical Lawmakers Executives of Detroit's Big Three auto companies appeared before the Senate Banking Committee Thursday to renew their much-debated request for billions in federal aid. Judy Woodruff reports on the hearing. Continue watching
Dec 04 Auto Execs Renew Case for Government Aid By PBS News Hour Leaders of Detroit's Big Three automakers returned to Capitol Hill Thursday to renew their case for an expanded $34 billion rescue package, but heard fresh skepticism from lawmakers on their plea. Continue reading