General Motors chief executive Fritz Henderson resigned unexpectedly Tuesday from the government-owned company, once again unsettling the ranks at the nation's largest automaker as it struggles to right itself after bankruptcy.

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For millions of Americans, the automobile industry, or rather a job at General Motors, Chrysler or Ford, has been the ticket into the middle class.

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Why, after decades of battling, complaining and maneuvering over fuel economy standards, did carmakers fall in line behind the tough new nationwide mileage standard President Obama announced Tuesday?

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Expert: "General Motors Corp. (GM) said Monday it will cut 21,000 hourly jobs and eliminate its Pontiac brand by the end of next year as part of a stepped-up restructuring plan."

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WASHINGTON (Reuters) - The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with Fiat, and up to $5 billion through May to help General Motors Corp restructure outside of bankruptcy, an inde …

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The Ontario government is partnering with a California company to build plug-in/battery-exchange depots across the province, but are we simply building public infrastructure to subsidize the Chinese car industry? And does this matter?

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So the government (we the people) are buying almost 18000 cars from the same people we just bailed out? Throwing good money after bad as my mom used to say.

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Japan's Big 3 aren't as bad off as some of their Detroit brethren. No talk of bankruptcy contingencies like General Motors (GM) or Chrysler or mass layoffs. But their fiscal years drew to a sorry close Tuesday.

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All those who tout trickle-down economics, consider this... It may be easy to get irritated by multi-billion dollar bailouts, executive bonuses and seeming excesses, but many Colorado companies feel a bailout it the lesser of two evils when they consider the ripple effect.

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BusinessWeek Asia Correspondent Frederik Balfour takes the BYD F3 DM hybrid electric car for a test drive in Shenzhen, China.

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Indian vehicle maker Mahindra & Mahindra Ltd is not interested in buying either General Motors Corp's Hummer brand or Ford Motor Co's Swedish car brand Volvo, a top executive said on Tuesday. "We don't want to acquire other problems," Vice Chairman Anand Mahindra told Reuters on …

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I used to live in Miami and fly Pan Am to South America to cover this and that: the fall of Pinochet, uprisings in Argentina, one gazillion percent inflation in Brazil.

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Starting on Friday, Chrysler is closing all of their plants for a period of 30-days. Ford will shut down 10 of its plants for an extra week in January

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WASHINGTON — The House passed a $15 billion auto bailout bill Wednesday, but a key supporter saw trouble ahead in the Senate.

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"We don't want government to run companies," Mr. Obama told Tom Brokaw on "Meet the Press." "Generally, government historically hasn't done that very well."

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The Congress and Senate are very close on passing a bail out deal for the US Auto makers, despite reluctance to pass such a bill , we will really need to consider passing the bill.

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In early November, as America's automakers grasped for a lifeline from Washington, the Treasury secretary, Henry M. Paulson Jr., placed a call to his predecessor, John W. Snow.

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Automakers are going back to congress with hat in hand. And it looks like congress is not buying the humble act.

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WASHINGTON — On the eve of congressional hearings, union leaders agreed to concessions on Wednesday, removing a roadblock to a proposed rescue of the U.S. auto industry as Congress weighs whether to give carmakers $34 billion in emergency aid or allow them to face bankruptcy.

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No Bail-out for Auto Makers

American auto makers have had 40 years (since the 1st oil crisis) to learn how to make better, more fuel efficient cars. They chose not to. Now they want American tax-payers to pay for all their bad decisions.

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WASHINGTON (CNN) -- Congressional Democrats are asking the Big Three automakers to submit a plan no later than December 2 for spending the $25 billion they have requested to rescue their companies, Senate Majority Leader Harry Reid said Thursday.

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In 1989, Moore became an international figure for his film, "Roger and Me," which centered on the declining auto industry in his hometown of Flint, Michigan and the ripple effect on the town's residents.

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The global financial crisis is suffocating the Detroit automakers, but the problems at General Motors, Ford, and Chrysler have been festering for years—even when the mighty "Big Three" were earning billions.

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