big three automakers

Amid the myriad problems facing the Big Three automakers, one is often overlooked — a costly, inefficient network of dealers, protected by a byzantine web of state laws.

As sales continue to plummet, the Big Three automakers are scrutinizing every budget line for potential savings to save cash.

The dollar was mixed Friday after the Treasury Department announced it is prepared to funnel cash to the nation's Big Three automakers.

From the page: WASHINGTON--Negotiations over a government rescue of the Big Three automakers slowed Saturday as Congress and the White House debated over the role of an "auto czar" who would oversee a restructuring of the industry.

The Big Three automakers' CEOs could be the latest to take $1 annual salaries. But what does the symbolic paycheck really mean?

When Chrysler CEO Robert Nardelli, General Motors CEO Rick Wagoner and Ford CEO ...

The chief executives of the Big Three automakers go back to Capitol Hill in an air of deepening crisis.

Things didn't go so well on Nov. 20 when the CEOs of the Big Three automakers came to Congress, tin cups in hand, to make a pitch for $25 billion.

On top of offering no plan to the lawmakers for fixing their industry, the CEOs had the distinct disadvantage of asking for money at a time when the public is becoming increasingly skeptical.

The Big Three automakers are taking a page out of their unions' playbooks as they deploy grassroots tactics to drum up public support for the proposed $25 billion auto industry bailout, which is on precarious ground in Washington, D.C.

Top Senate Democrats suggested Wednesday that a bill to rescue Detroit's Big Three automakers was stalled and challenged the Bush administration to take steps to save the industry if congressional efforts falter.

The White House quickly rebuffed the suggestion.