60 Days

Mike Luckovich / Truthdig Apr 2, 2009 Dig deeper

GM Collapse

Brian Fairrington, Cagle Cartoons Apr 1, 2009 Dig deeper

Cars, Banks and Confusion

Eugene Robinson / Truthdig Mar 31, 2009 The president is telling Detroit to shape up or die while at the same time politely asking Wall Street, whose recklessness and greed caused this economic crisis, if it would be so kind as to accept another heaping helping of taxpayer funds. Dig deeper ( 3 Min. Read )

Obama Team Scraps Auto Bailout

Staff / Truthdig Mar 30, 2009 The Obama administration auto task force has sent both GM and Chrysler back to the drawing board, turning down requests for additional loans until the companies come up with more realistic restructuring plans. The government will prop up GM for two months while the automaker tries again. Chrysler has 30 days. Dig deeper ( 1 Min. Read )

GM Chief Booted in Bailout Deal

Staff / Truthdig Mar 30, 2009 GM CEO Rick Wagoner resigned Sunday, apparently at the request of the Obama administration as part of a larger bailout agreement. The ouster of the man who gave us the Hummer wasn't entirely unexpected. He spent the last eight years driving the world's biggest car company into a ditch. Now if only we could apply this logic to the banking bailout. Update Dig deeper ( 1 Min. Read )

More Aid, Please

Staff / Truthdig Feb 18, 2009 General Motors, recipient of the 2009 "Nation's Most Resistant-to-Change Company That Still Gets Federal Assistance" award, wants more. The auto giant on Wednesday asked for $16.6 billion in loans, on top of the $13.4 billion already granted. All this amid GM plans to shed 47,000 jobs worldwide. Dig deeper ( 1 Min. Read )

Auto Task Force … Activate!

Staff / Truthdig Feb 17, 2009 What's to be done about the floundering American automotive industry? Appoint a "car czar," you say? No, this is a job for a whole team of people, such as the newly formed Presidential Task Force on Autos. One small hitch: It'll be headed up by Timothy Geithner and Lawrence Summers. Dig deeper ( 1 Min. Read )

Obama Zeroes In on Auto Industry

Staff / Truthdig Jan 27, 2009 President Barack Obama called for tougher regulations on auto emissions on Monday, promising not to let a sour economy stand in the way of progress. "I want to be clear from the beginning of this administration that we have made our choice: America will not be held hostage to dwindling resources, hostile regimes and a warming planet," he said during a meeting with environmentalists in the White House's East Room. Dig deeper ( 2 Min. Read )

End of a Supersized Era

Staff / Truthdig Dec 24, 2008 Gas prices and fiscal concerns are causing the demise of the American-made sport utility vehicle, a welcome development in the eyes of many fellow drivers but one that also spells the end for thousands of American jobs. Dig deeper ( 1 Min. Read )

Bush Passes Bailout Buck to Obama

Staff / Truthdig Dec 21, 2008 Although President Bush has kicked off the auto industry bailout process before leaving office, some would call Bush's strategy more of a punt to his presidential successor, Barack Obama. Dig deeper ( 1 Min. Read )

‘Left, Right & Center’: Crash of the Titans

Staff / Truthdig Dec 20, 2008 Bernie Madoff made a big mess, and Detroit's Big Three drove themselves to the brink. So what's the good news this week -- Caroline Kennedy's auspicious entrée into her famous family's political biz? Dig deeper ( 1 Min. Read )

Big Three

Aislin, The Montreal Gazette Dec 19, 2008 Dig deeper