Memo to Detroit: How About a Bailout From Mexico? Date posted: 2009-01-01 07:00:00.0 MEXICO CITY — Crippled Detroit automakers have received limited financial aid from Washington, Ottawa and even Stockholm. But have they also considered the possibility of asking Mexico City for some assistance? The numbers suggest it could make good economic sense on both [...]

January 3, 2009 Glint of hope seen in 2009 outlook for auto industry More stability seen after tough 1st half BY JEWEL GOPWANI FREE PRESS BUSINESS WRITER Despite dire auto sales predictions for 2009 — some analysts are forecasting the worst year in more than two decades — there are glimmers of hope that the [...]

Saturday, January 3, 2009 GMAC gives up exclusive rights GM could see boost in sales as bailout allows other lenders to offer financing incentives. Tom Krisher and Bree Fowler / Associated Press DETROIT — GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General [...]

Chrysler gets $4 billion U.S. government loan   queryvar=”chrysler,gets,$4,billion,us,government,loan”; Automotive News | January 2, 2009 – 9:00 pm EST     NEW YORK (Reuters) — Chrysler LLC today received an initial $4 billion emergency loan from the U.S. government, two days after the government completed a parallel payout to its larger rival General Motors. "This [...]