Date: 12/14/2008 9:08 PM BC-Meltdown-Autos,5th Ld-Writethru/814Eds: UPDATEs with Bush quotes. AP Video. Moving on general news and financial services. WASHINGTON (AP) — The White House tossed out no lifeline for the teetering auto industry Sunday, although President George W. Bush…
Where Will we Get Our American Cars Fixed?
200 million automobiles in the United States. If we assume that half of those vehicles are manufactured by the Big Three, that means 100 million American made cars on the road. If those cars are worth on the average, $10,000,…
GM trying to survive for a shot at Plan Obama
Date: 12/11/2008 11:41 PM By TOM KRISHERAP Auto Writer DETROIT (AP) — General Motors is saving every cent it can, from shutting down escalators at night to limiting workers’ choice of pens, in case it needs to fight to survive…