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Pontiac Montana News
News on Pontiac Montana continually updated from thousands of sources around the net.

Help For Automakers Must Have Conditions: Senator

The Bush administration should throw a lifeline to ailing American auto firms to tide them over until the new year but any aid must come with strict conditions, the chairman of the Senate Finance Committee said ...

A $14 billion rescue package for the nation's imperiled auto industry sped to approval in the House Wednesday night, but the emergency bailout was still in jeopardy from Republicans who were setting out ...

With Congress gridlocked and the economy floundering, the Bush administration declared Friday it would step in to prevent the "precipitous collapse" of the U.S. auto industry and the disastrous loss of hundreds ...

The Senate began consideration of a $14 billion auto bailout today, though its fate remains uncertain because of strong opposition among Senate Republicans.

A $14 billion rescue package for the nation's imperiled auto industry sped to approval in the House Wednesday night, but the emergency bailout was still in jeopardy from Republicans who were setting out roadblocks in the Senate.

Democrats and the Bush White House hoped for a Senate vote as early as Thursday and enactment by week's end. They argued that the loans authorized by the measure were needed to stave off disaster for the auto industry _ and a crushing further blow to the reeling national economy.

WASHINGTON Prospects for a $14 billion auto industry rescue package dimmed Thursday amid growing GOP opposition, despite urgent appeals by both President-elect Barack Obama and the Bush White House.

Auto workers are reacting to the House vote on the auto bailout loan bill. IN THE VIDEO PLAYER ON THE RIGHT, CHERYL CHODUN SAYS THERE'S APPREHENSION AMONG WORKERS ABOUT WHAT COMES NEXT Although the vote in the ...

In this Dec. 4, 2008 file photo, auto executives, from left, General Motors Chief Executive Officer Richard Wagoner, UAW President Ron Gettelfinger, Ford Chief Executive Officer Alan Mulally, and Chrysler Chief ...

U.S. stocks swung between gains and losses as growing concern that Congress wona t agree on a $15 billion plan to halt the collapse of the nationa s auto industry snuffed out an earlier rally.

U.S. House lawmakers as early as today are likely to approve a $15 billion automaker bailout plan that will run into Republican stalling tactics in the Senate and the opposition of at least one Democrat.

The consequences of a bankruptcy by the "Big Three" U.S. automakers would be felt nationwide, and Connecticut's Sen.

Congress this week returns for a second lame-duck session to help the US auto industry reinvent itself - or at least get through the next few months.

Without billions in government loans, two of the Big Three assert that they won't make it into the new year. News that the US economy lost more than half a million jobs in November is also driving lawmakers toward an agreement that is expected to give General Motors Corp., Chrysler, and, if needed, Ford Motor Co. access to some $15 billion in federal loans.

WASHINGTON - Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.

The Big Three automakers renewed their plea for an emergency federal bailout as the head of General Motors Corp.

Making a shopping list chock full of toys? Better check it twice to be sure none are filled with toxins or have other hidden dangers.

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