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The House of Representatives passed the $25 billion bill to help the automakers and suppliers on Wednesday, which is expected to be approved by the Senate and President Bush in next few days. More..

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Automaker Loans House Approves $25 Billion In automaker

Ford Motor Co. has posted a very weak second quarter outlook on Thursday, which is the biggest quarterly loss in its history. The automaker lost $8.7 billion, as the buying trends shifted from gas- guzzling trucks and SUVs towards fuel- efficient smaller vehicles and hybrids, including a pre-tax special charge of $8 billion

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Ford’s Transformation Plan Ford Motor Co. Automaker Company

Chrysler LLC denied the speculation regarding the filing of bankruptcy protection through a credit of $2 billion from Cerberus Capital Management LP and Daimler AG. The credit has nothing to do with Chrysler s current market conditions.

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Chrysler LLC Denies Bankruptcy Rumor U.S. Third Largest Automaker