Auto bailout collapses in Senate
Negotiations to bring measure up for vote fall short, possibly dooming GM, Chrysler to bankruptcy.
By Chris Isidore, CNNMoney.com senior writer
Hopes for Congressional approval of a bailout of the U.S. auto industry appeared to fall apart late Thursday night as Senate leaders said Democrats and Republicans were unable to reach a deal [...]

Oil settles near $48 on auto vote
Passage of the $14 billion measure to aid carmakers helps boost sentiment about economy, but threatens weaker dollar.
By Kenneth Musante, CNNMoney.com staff writer
Oil prices jumped Thursday after the House passed a $14 billion stop-gap measure designed to keep the U.S. auto industry from immediate collapse.
U.S. crude for January delivery [...]

Argentina tries gov’t car loan plan
Consumers to get low interest car loans as carmakers agree to produce low-cost models.
Argentina’s auto industry will get a 3.1 billion peso ($900 million) boost with cut-rate loans for first-time new car buyers, the government said Saturday.
Production Minister Deborah Giorgi’s announcement detailed a key part of a broader economic stimulus [...]

Accord on U.S. help for automakers
GM and Chrysler are close to getting billions in stopgap aid to stay out of bankruptcy. Pelosi changes mind on key sticking point.
By Chris Isidore, CNNMoney.com senior writer
Congressional Democrats and the Bush White House have reached an agreement in principle on providing stopgap support for the U.S. auto industry, according [...]

Citigroup Should Be Held Accountable, Obama Aide Podesta Says
By Edwin Chen
Nov. 28 (Bloomberg) — The U.S. government should demand accountability and changes at Citigroup Inc., as well as from automakers, in exchange for any financial assistance, a top transition official for President-elect Barack Obama said.
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If Detroit Falls, Foreign Makers Could Be Buffer
By LOUIS UCHITELLE
Published: November 16, 2008
The failure of one or more of Detroit
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