Turmoil in the U.S. auto industry was front page news in Japan on Tuesday, where the general reaction was a mixture of skepticism about the outlook for General Motors and Chrysler and concern about the fallout on homegrown brands. ...more

March 31, 2009

It was an awful December for carmakers, but the fortunes were most terrible for Chrysler LLC, which said Monday that sales plunged 53 percent. ...more

January 6, 2009

Here are excerpts from editorials in newspapers around the world: The Observer, London, on Caroline Kennedy as New York's new senator: ...more

December 31, 2008

WASHINGTON - Citing danger to the national economy, the Bush administration came to the rescue of the U.S. auto industry Friday, offering $17.4 billion in emergency loans in exchange for concessions from the deeply troubled carmakers and their workers. ...more

December 19, 2008

The Bush administration is looking at "orderly" bankruptcy as a possible way to deal with the desperately ailing U.S. auto industry, Treasury Secretary Henry Paulson said Thursday as carmakers readied more plant closings and a half million new jobless claims underscored the deteriorating national economy. ...more

December 18, 2008

Congressional Democrats on Monday sent the White House a draft of a roughly $15 billion auto bailout they aim to bring to a vote this week, but White House officials gave a cool initial response. ...more

December 8, 2008

Amid calls for more accountability by executives at U.S. automakers, House and Senate aides were hammering out legislation that would dole out billions to the companies within a week ...more

December 8, 2008

Jolted by the loss of thousands of jobs, congressional Democrats and the White House reached for agreement Friday on about $15 billion in bailout loans for the beleaguered auto industry. President George W. Bush warned that at least one of the Big Three carmakers might not survive the current economic crisis. ...more

December 5, 2008

WASHINGTON - A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies. ...more

December 3, 2008

LOS ANGELES (AP) - With the United States all but certainly in a recession and many skittish consumers hesitant to buy even a cheap compact, it would seem the last thing anyone would need is a $400,000 Rolls-Royce Phantom. ...more

November 30, 2008