Jan 6th, 2009 · Carmaker Hyundai has announced a program for those customers who can no longer make a payment because of circumstances beyond their control. Hyundai Motor America acting President and CEO John Krafcik talks about the Hyundai Assurance Program.
Dec 20th, 2008 · Bankruptcy is no longer in the immediate future of General Motors and Chrysler. The White House offered the ailing automakers a $17 billion lifeline in emergency loans. While automakers cheered the development, they're on a short timeline to prove they can survive.
Dec 6th, 2008 · The White House and Congress have been at odds about whether and how to help GM, Ford and Chrysler. This weekend they're working on a deal that would give the floundering U.S. auto companies a financial lifeline.
Dec 3rd, 2008 · Detroit's top auto executives have ditched their corporate jets for hybrid cars and replaced vague pleas for federal help with detailed requests for as much as $34 billion in their second crack at persuading Congress to throw their struggling companies a lifeline.
Nov 24th, 2008 · The government will step in to shore up Citigroup's troubled assets — at a price tag of up to $326 billion. Wall Street Journal reporter David Enrich explains the details of the plan and how the markets are reacting.
Nov 24th, 2008 · Government regulators have again come to the rescue of Citigroup, throwing the troubled banking giant another $20 billion lifeline to help it clear a mountain of bad debt and boost confidence amid a sagging share price.
Nov 19th, 2008 · The Big Three automakers are petitioning Congress for a $25 billion lifeline, but growing opposition makes the outlook for the bailout uncertain. Analysts say both Ford and GM will need to restructure and continue their efforts to focus and improve their product lineup regardless of whether government help comes through.
Nov 19th, 2008 · Executives from Detroit's Big Three automakers are back on Capitol Hill — appearing before a House committee Wednesday. They pleaded with the Senate Banking Committee Tuesday for a $25 billion lifeline. They warned of a national economic catastrophe should they collapse, resulting in millions of layoffs. Dustin Dwyer reports for Michigan Radio.