Friday morning shares of Ford Motor Co. and General Motors Corp. surged on Wall Street (with private owned Chrysler cheering in the background) as news of President Bush’s $17.4 billion auto industry bailout sunk in with investors.  The President approved the immediate release of $13.4 billion fr...

It wasn’t the $34 billion Ford Motor Co., General Motors Corp., and Chrysler LLC requested, but Monday Democrats drafted a proposal for a $15 billion auto bailout to aid the struggling American automakers.  The draft was then sent to the White House where it awaits the approval of the Executive B...

The Proposal The leaders of Ford Motor Co., General Motors Corp., and Chrysler LLC ditched their corporate jets for fuel efficient hybrid cars and drove the five hundred miles to Washington this week, intending to make a second appeal to Congress for a bailout.  The CEOs move to driving fuel effici...