AutoBailout

Ford Gets Its Blue Oval Out of Hock

Dogged by creditors, and deep in debt, Ford had to hock its most famous icon back in 2006, putting it up as security for $23.4 billion in loans. On Tuesday, Ford got it back.

Government Motors: Why Won't D.C. Sell Its GM Stock?

Thanks to TARP loans that saved GM, the Treasury ended up with a major stake in the world's largest automaker, and it still holds 500 million shares -- 32% of the company. Here's the reason it won't be selling them any time soon.

GM Records Its Highest Profit Ever: $7.6 Billion

General Motors earned its largest profit ever in 2011, two years after it nearly collapsed into financial ruin. Strong sales in the U.S. and China helped the 103-year-old carmaker turn a profit of $7.6 billion, beating its old record of $6.7 billion in 1997 during the pickup truck and SUV boom.

Car Wars: Is Ford Better Than GM?

GM workers ratified a collective bargaining agreement Wednesday morning, while Ford tries to pare down the average $58 an hour it currently disburses in pay and benefits. But labor relations aside, Ford -- sole refuser of government largesse -- is the company to invest in right now. Here's why.

Is It Time for Unions to Sober Up?

In this economy, many Americans feel grateful to have jobs in the first place. The nation's high unemployment rate makes recent video of some of Chrysler's unionized workers drinking and smoking pot on the job all the more galling. It's time for unions to stop protecting slacker employees.