GmBailout

When U.S. Secretary of Transportation Ray LaHood opened the Detroit Auto Show last week and said that the Chevrolet Volt was, "obviously the kind of green car Americans are looking for," it was a slightly self-serving statement. After all, the government that LaHood works for owns a large share ...

Shortly after Chrysler submitted its updated restructuring plan to Congress, General Motors followed suit with its own document that is supposed to detail a return to sustainable profitability within the next 24 months. As you'd expect, ...