Thursday, October 30, 2008
Daniel Howes
Chrysler workers in limbo

Kenneth Mefford isn’t the only autoworker toiling in the plants of Detroit’s diminishing three who’s unsure what the most perilous times in generations will bring.
There are thousands more — too young to retire, too old to want to start over and unable to control the unfurling economic forces [...]

Thursday, October 30, 2008
Lease perks anger workers
Despite cutbacks, automakers continue to offer subsidized vehicles for many of their managers.
Bryce G. Hoffman / The Detroit News
As Detroit’s Big Three shutter factories, slash jobs and trim benefits, one executive perk remains: subsidized cars and trucks for management, often with insurance, maintenance and gasoline included.
Bonuses have been frozen, [...]

Thursday, October 30, 2008
Investors warm up to GM-Chrysler
Securing fed aid could pave way for private financing of complex deal.
Christine Tierney and David Shepardson / The Detroit News
Private investors have shown interest in General Motors Corp.’s proposed acquisition of Chrysler LLC and may help finance the deal if the U.S. government agrees to provide funds, sources [...]

Posted on Tuesday, October 28, 2008 at 11:52AM by

 
Janice Putman
After the smoke clears, it’s time for America, Inc.

By Peter M. De Lorenzo

Detroit.
By now it should be obvious to even the most casual observers that the domestic automobile industry is on the verge of total collapse. Already reeling from the gas spike earlier in the [...]