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The chairman and chief executive officer of auto giant General Motors reportedly has agreed to a request by the Obama administration to resign. The news reports come as the White House prepares to announce on Monday whether it will extend more aid t

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NPR 2008-12-04

President-elect Barack Obama says he is glad to see the Big Three automakers put forward more serious plans for restructuring, though he says he will withhold judgment on those plans until after auto executives appear at Congressional hearings. NPR'

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This is the VOA Special English Economics Report. This week, General Motors went to bankruptcy court. It became the second of the big three American automakers to seek protection from its creditors while continuing operations. Chrysler declared bank

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Some Republicans in the U.S. Senate say they will block a plan to rescue the country's three major auto companies. Meanwhile, new claims for unemployment benefits reached their highest level in 26 years. Sen. Richard Shelby, center, accompanied by,

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U.S. auto company executives returned to Capitol Hill Friday to renew appeals for billions of dollars in emergency loans. They faced skeptical questions from members of the House Financial Services Committee dissatisfied with the automaker's restruc

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With congressional hearings set Thursday and Friday of this week in advance of a vote on lending money to the beleaguered U.S. auto industry, General Motors says it needs money almost immediately. VOA's Barry Wood has more on the controversy over go

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By Mil Arcega Washington, DC 11 January 2007 watch US Auto Show Hollywood celebrities such as Carmen Elektra are adding glamour and excitement to the event. You know, entertainment merging with automobiles, music, fashion. It's really cool. I think

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