Is GM Restructuring Gridlocked?
With "the clock ticking," General Motors Corp.'s efforts to "go faster and go deeper" with a revised restructuring plan may be facing gridlock that could push the automaker into bankruptcy.
View ArticleA Republican Who Likes Detroit?
California governor Arnold Schwarzenegger opened the annual Society of Automotive Engineers World Congress in Detroit on Monday morning with a rousing endorsement of the American car industry....
View ArticleChrysler Bondholders May Be Ready to Settle
One of the most pressing obstacles in the way of a Chrysler rescue plan could be resolved, according to reports circulating in Detroit circles. But even if lenders agree to swap more than a third of...
View ArticleQ&A: Ford President Mark Fields
Despite a stalled auto market, Ford has made some surprising gains in retail sales and market share. TheDetroitBureau.com discusses the reasons why -- including the decision to skip a federal bailout...
View ArticleFord Earnings Again Surprise Skeptics
The Ford Motor Co. continued to surprise its critics, this morning, posting only a modest operating loss along with a net profit for the second quarter. TheDetroitBureau.com has the full story.
View ArticleBuy American?
Forget tired cliches, it's likely due to better products that a new survey finds 80% of U.S. motorists willing to "Buy American," far more than would consider imports.
View ArticleWhitacre to Become Permanent GM CEO?
At a news conference, late this morning, GM may announce that Chairman Ed Whitacre will give up his "acting" title to also become full-time CEO.
View ArticleStudy: U.S. Aid to Auto Industry Saved 1 Million Jobs
Government assistance to General Motors and Chrysler enabled orderly bankruptcy proceedings and led to the saving of more than 1.14 million jobs in 2009 alone, according to a recently released study by...
View ArticleGM Offering New Round Of Buy-Outs
GM may be hiring at some plants - the Chevy Volt line shown here - but it is about to begin a new round of buyouts elsewhere. More from TheDetroitBureau.com.
View ArticleFord Posts $6.6 bil Profit for 2010
Ford Motor Co. saw profits surge to $6.6 billion for 2010. But while workers may be happy about $5,000 profit-sharing checks, investors were disappointed, and TheDetroitBureau.com explains why.
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