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Mike Jackson saw it coming, the tsunami that would wash over the Detroit 3 thanks to their push production system — a system that would spawn multibillion-dollar losses even in big sales years.

Tags: Detroit, Dollar Losses, Mike Jackson, Multibillion Dollar, Push System, Tsunami

Automakers can expect the U.S. government to be attentive to its multibillion-dollar stake in their businesses next year and selective in its efforts to reshape the industry.

Tags: Automakers, Multibillion Dollar, Shareholder, Stake, Switches, U.S. government, United States

Automakers can expect the U.S. government to be attentive to its multibillion-dollar stake in their businesses next year and selective in its efforts to reshape the industry.

Tags: Automakers, Multibillion Dollar, Shareholder, Stake, Switches, U.S. government, United States

Delphi Corp., the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, is preparing to leave Chapter 11 bankruptcy today after four years of court protection.

Tags: Automaker, Bankruptcy Court, Chapter 11 Bankruptcy, Delphi, Delphi Corp., General Motors, Multibillion Dollar

Delphi Corp., the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, is preparing to leave Chapter 11 bankruptcy today after four years of court protection.

Tags: Automaker, Bankruptcy Court, Chapter 11 Bankruptcy, Delphi, Delphi Corp., General Motors, Multibillion Dollar

Delphi Corp., the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, is preparing to leave Chapter 11 bankruptcy today after four years of court protection.

Tags: Automaker, Bankruptcy Court, Chapter 11 Bankruptcy, Delphi, Delphi Corp., General Motors, Multibillion Dollar

Delphi, the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, today emerged from Chapter 11 bankruptcy after four years of court protection.

Tags: Bankruptcy Court, Bankruptcy Protection, Chapter 11 Bankruptcy, Delphi, General Motors, Multibillion Dollar

Chrysler Financial said today it has adequate funds to continue as an independent finance company writing standard retail auto loans. The company is not pursuing a multibillion dollar funding arrangement that was up for annual renewal in August.

Tags: Adequate Funds, Auto Loans, Chrysler, Chrysler Financial, finance company writing, Independent Finance Company, Multibillion Dollar, Retail Auto, retail auto loans

General Motors could face a multibillion-dollar tax hit under its $13.4 billion federal bailout, a scenario the automaker faces just weeks before it must file a restructuring plan with the government.

Tags: Automaker, Bailout, Face, General Motors, Gm, Multibillion Dollar, Restructuring, Tax Changes, United States, USD

General Motors could face a multibillion-dollar tax hit under its $13.4 billion federal bailout, a scenario the automaker faces just weeks before it must file a restructuring plan with the government.

Tags: Automaker, Bailout, Face, General Motors, Gm, Multibillion Dollar, Restructuring, Tax Changes, United States, USD

GMAC, the General Motors financing affiliate that received a $6 billion infusion from the government, completed a multibillion dollar debt swap today designed to bolster its capital. The lender said holders of $21.

Tags: Dollar Debt, General Motors, Gmac, Infusion, Multibillion Dollar