US: Democrats rally round automakers
Democratic congressional leaders have said they were ready to push through legislation to aid the US auto industry when they…
Detroit running out of road
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US: Another 5,500 GM workers to go
General Motors now plans to lay off an extra 5,500 production workers following its announcement of massive third quarter losses…
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GOLDING’S TAKE: There is no new chapter for GM. There is Chapter 11 and the Final Chapter
There comes a moment when a company is being calm and reasonable and trying to put a positive spin on…
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GOLDING’S TAKE: The Ford duet is getting squeakier
The singers have changed but the song is the same: Ford Motor Company is deep in the doo-doo and expects…
