Bush Bails Out Big Three
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Daily auto finance news

Bush Bails Out Big Three

President Bush has come to the aid of the U.S. auto industry. With just a month…

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Chrysler Will Stop Production for at Least a Month
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Daily auto finance news

Chrysler Will Stop Production for at Least a Month

Chrysler has announced that on Friday, all of its plants will close for at least…

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Sweden Promises $3.4 Billion Bailout for Saab and Volvo
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Daily auto finance news

Sweden Promises $3.4 Billion Bailout for Saab and Volvo

The Swedish government has announced $3.4 billion in support for its automakers, which includes Saab…

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Foreign Automakers Add Factories Anticipating Jump in Sales
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Daily auto finance news

Foreign Automakers Add Factories Anticipating Jump in Sales

The auto industry is in trouble right now, but many car companies are betting on…

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GM Could Get Rid of Saturn, But it Won’t be Easy
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Daily auto finance news

GM Could Get Rid of Saturn, But it Won’t be Easy

General Motors is struggling to stay alive and pleading for a bailout from Congress this…

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