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Appeals loom in GM assets sale

...government-led plan. U.S. Judge Robert Gerber approved a crucial step of the plan late Sunday, allowing the troubled automaker to sell its assets to a new company and saying the deal was in the best interest of both the automaker and its creditors...
Quarter increases confidence at Ford

...away, Chrysler LLC and Treasury Department officials are still holding out hope they can reach deals to keep the troubled automaker out of bankruptcy court, two people briefed on the talks said Friday. Chrysler Vice Chairman Jim Press told dealers...
Town & Country is U.S. luxury

There's another way to help troubled automaker Chrysler besides handing over tax dollars in a bailout package. Buy a minivan. Chrysler was the company that debuted America's...
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Tokyo stocks higher on bank gains, dollar rises against yen

...year of losses due to bad loan write-offs. All four banks said they would be profitable this year. Shares of troubled automaker Mitsubishi Motors sank 6.3 percent to 225 yen ($2), following its announcement Friday of a reorganization...
House OKs $14 billion in aid for auto industry

...economy. "We believe the legislation developed in recent days is an effective and responsible approach to deal with troubled automakers and ensure the necessary restructuring occurs," said Dana Perino, the White House press secretary. But in the...
Kerkorian to sell GM shares

...Dissident General Motors Corp. shareholder Kirk Kerkorian said Wednesday that he will slash his stake in the troubled automaker by selling 14 million shares of its stock this week. The sale, announced in a regulatory filing, came on the...
Bailout loss looks high despite bank stock crisis.Yet a year and a half after Congress passed the big bailout, other parts of it -- particularly troubled automakers General Motors and Chrysler and insurer American International Group -- show no signs of being profitable.Despite...
Source: GM to end ties to Buick Open

...Both are under discussion and we haven't signed or agreed to any changes at this point," he said Tuesday. The troubled automaker, which emerged from Chapter 11 bankruptcy protection on July 10, has been cutting back on professional sports...
End of road for 4-generation Chrysler dealer

...surprise. Rob Isakson had known for weeks his dealership was on a Chrysler hit list - the cuts were part of the troubled automaker's survival strategy. Still, when the moment arrived, he did not go gently into the night. "It hurts," he...
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