Jan 27, 2012
The Troubled Asset Relief Program – aka TARP – has yet to be resolved. U.S. taxpayers are still owed $132.9 billion, much of it from bailed out automakers.
Jul 26, 2011
Chrysler Financial has repaid its government TARP loans in full, six years early. The company owed $1.5 billion to the U.S. government.
Jan 31, 2011
Chrysler CEO Sergio Marchionne announced bonuses for hourly and salaried employees Jan. 31 on the strength of modified fourth quarter profits.
Jan 27, 2011
Ford will announce that 2010 was its most profitable year since 2000, reports Automotive News. CEO Alan Mulally cites quality as the reason.
Jan 26, 2011
Former Car Czar Steven Rattner had good things to say about the U.S. auto market during an address to the International Motor Press Assn.
Nov 9, 2010
In his new memoir “Decision Points,” former President George W. Bush defends his $17.4 billion auto bailout decision.
Nov 1, 2010
General Motors is closing 500 dealerships, but the company should wait through bankruptcy hearings, argues the investigating House committee.
Oct 18, 2010
Ford has emerged from the auto bailout with a tremendous brand push that has earned the company Advertising Age's 2010 Marketer of the Year.
