Filed under: Government/Legal , Chrysler, LLC. , Ford , GM President-Elect Barack Obama has been in favor of assisting Detroit automakers, but the soon-to-be Commander in Chief agrees with a Congressional demand to see concrete plans before any checks are signed. Obama's Cheif of Staff, David Axelrod...

newVideoPlayer("/Obama_Hybrid_Cars_2.flv", 506, 423,""); Barack Obama took time away from talking about his mother-in-law and a college football playoff system to talk about the automaker bailout in an interview on CBS' 60 Minutes . While admitting Detroit needs help, he said...

MSNBC is reporting President-current Bush has said he'll consider amending the $25 billion automaker low-interest loan guarantee program to allow the automakers to get the money right now and use it for whatever they need. The decision is being made because many economists say helping US automakers...

Filed under: Government/Legal , Chrysler, LLC. , Ford , GM After nearly eight years of getting little or no attention from the White House, it seems as though Detroit's automakers will be a major focus the 2008 Election. With the economy looking worse by the day, lawmakers in Washington have been...

Filed under: Government/Legal , Chrysler, LLC. , Ford , GM In the wake of GM's Tuesday press conference detailing its plans to have enough cash on hand through 2009, politicians have been eager to voice their thoughts regarding the possibility of a government bailout. President Bush gave the possibility...

Filed under: Government/Legal , Chrysler , Ford , GM Barack Obama has been less than friendly with Detroit automakers in the past, but he's promised to meet with them both during his campaign and afterwards if he makes it into the Oval Office. The presumed Democratic nominee told a crowd in Flint...