US Appoints Firms as Auto Restructuring Advisers
6 Feb 2009, 13:14 UTC · By: Bogdan Popa / The United States government has just made another step towards the restructuring process of the Detroit (it's actually Detroit 2 now since Ford is not anymore involved): it hired two law firms...
US Automakers to Get Closer to Collapse in 2009, Analysts Say
14 Jan 2009, 09:44 UTC · By: Bogdan Popa / The United States government provided financial assistance to them. Most Americans supported them in their race for money. But this may not be enough to rescue the three struggling American automake...
Michigan UAW Supporters Protest against Detroit 3 Wage Cut
14 Jan 2009, 09:25 UTC · By: Bogdan Popa / Despite the fact that most automakers are currently focusing on the 2009 North American Auto Show, American companies are obviously still seeking to solve their financial problems which brought them...