Barack Obama Will Not Meet Rick Wagoner Without Preconditions

Barack Obama took time away from talking about his mother-in-law » 11/18/08 10:30am 11/18/08 10:30am and to talk about the automaker bailout in an interview on CBS' . While admitting Detroit needs help, he said it's important to make sure it's conditioned on the stakeholders (labor, suppliers, execs) coming up with a plan for a sustainable domestic…

Barack Obama Spends Portion Of The Debate Talking Up Detroit

Barack Obama used part of last night's debate to tee off on aiding the domestic auto industry. Obama took nearly a full minute talking about the automaker bailout » 10/16/08 2:20pm 10/16/08 2:20pm and the need for more efficient cars, and the democratic presidential candidate made a reference to "retooling" plants in the heartland. Of course, he's…

Automakers To Hit Congress Hard This Month For Loans That Aren't A…

After a nasty summer of sliding sales » 9/08/08 8:30am 9/08/08 8:30am and eroding market share, domestic automakers are planning to lobby the US Congress for $50 billion in low-interest government loans. The companies claim the money would allow them to modernize plants and develop new fuel-efficient vehicles; ordinarily, automakers would have…