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Merrill still tells its bosses to use private jets

21.10.09

Bailed out companies and banks in the US are adopting very different rules on how they should behave having taken taxpayers’ money, Neil Barofsky, the overseer of recipients of $700 billion (Ł426.1 billion) of government money reported ... more

Ford has any colour so long as it’s red

23.07.09

Carmaker Ford today underlined the crisis facing the motor industry when it racked up second-quarter losses of $638 million (Ł386 million) ... more

Hope for Chrysler as Fiat pulls it out of bankruptcy

10.06.09

Chrysler has pulled out of bankruptcy under the control of Italy’s Fiat in the hope that it will undergo a phoenix-from-the-ashes-style transformation... more

Chrysler sale cleared as GM to file for bankruptcy

01.06.09

Chrysler has today won court approval to sell most of its business to a group led by Italy’s Fiat, as US motoring giant General Motors was expected to file for bankruptcy ... more

Chrysler goes bankrupt as GM waits in the wings

01.06.09

American car and jeep giant Chrysler formally went bankrupt today as part of a Washington rescue plan which it is hoped will be a template to save General Motors ... more

General Motors collapses into $90bn bankruptcy

01.06.09

General Motors, the world's largest carmaker until last year, this afternoon filed for bankruptcy protection... more

Fiat boss ‘warns UK plants will close in Vauxhall takeover’

05.05.09

Thousands of British carmaking jobs are under severe threat as it emerged a Fiat takeover of Vauxhall could lead to the closure of either or both of its Luton and Merseyside factories... more

Questions raised over Chrysler

01.05.09

Fresh doubts were cast over the future of Chrysler despite Presidential hopes that it can recover from bankruptcy... more

Shock waves as Chrysler heads into bankruptcy

30.04.09

Chrysler sent shock waves through the world’s car industry as sources said it would file for bankruptcy following the collapse of rescue talks. ... more

GM in skid after Obama cash snub for carmakers

30.03.09

President Barack Obama rejected pleas by General Motors and Chrysler for billions of dollars more in bailout support for the ailing US car and truck makers ... more

Green light at last for Ł9bn GM and Chrysler rescue plan

19.12.08

Engineering: Struggling Detroit carmakers General Motors and Chrysler finally sealed a $13.4 billion bailout from the US taxpayer... more

Green light at last for Ł9bn GM and Chrysler rescue plan

19.12.08

Struggling Detroit carmakers today finally sealed a $13.4 billion (Ł9 billion) bailout from the US taxpayer... more

US carmakers steer closer to bailout deal

16.12.08

Engineering: Hopes are growing that the Bush administration could act early to approve a Detroit bailout from its bank rescue fund... more

Caution over Bush move on carmakers

15.12.08

Engineering: Global stock markets lost their optimism over a quickfire rescue of America’s carmaking industry after outgoing President George Bush admitted he has no timetable for the bailout of General Motors and Chrysler... more

Devastating blow for America's motor city

12.12.08

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Woolies culls 1,000 in London as markets fall

12.12.08

The collapse of Woolworths claimed 1,000 London jobs less than a fortnight before Christmas... more

US car industry collapse rocks the City

12.12.08

Turmoil returned to the City after the collapse of a bail-out plan for America's near-bankrupt car industry... more

US carmakers facing vital vote on bailout

11.12.08

Engineering: The US House of Representatives has approved bailout plans for General Motors and Chrysler that include tough conditions on restructuring in return for taxpayer help... more

US carmakers' rescue set to be steered through Congress

10.12.08

Engineering Congress is expected to vote through a $15 billion rescue plan for America's struggling carmakers... more

Bankruptcy looks better than bailout for US car industry in meltdown

08.12.08

U.S politicians trying to understand the collapse of the "Big Three" automakers could do worse than take a drive along the freeway in New Jersey... more

Stricken US carmakers looking close to a bailout

04.12.08

A bailout by American taxpayers of Detroit's crippled carmakers looked ever more likely as key politicians voice their approval of a Ł23 billion aid request... more

Troubled GM warns it is running on empty

03.12.08

Engineering: Failing US carmaker General Motors says it will run out of cash this month unless the taxpayer comes up with $4 billion immediately... more

US carmakers double cash plea

07.11.08

Detroit motor companies are looking for $50 billion from the US taxpayer - twice the size of the bailout first expected.... more

GM chief leads hunt for funds

28.10.08

General Motors chief executive Rick Wagoner is said to be personally taking the begging bowl to Washington in a bid for Federal funds to seal a merger with rival Chrysler... more

GM 'seeking aid for rival tie-up'

27.10.08

Engineering: Ailing car giant General Motors has reportedly called for aid from Washington to push through its merger with rival Chrysler.... more

GM, Chrysler in tie-up drive

20.10.08

Engineering: Detroit motor giants General Motors and Chrysler are pushing ahead with merger talks as the industry faces crashing sales and is shut out of the debt market... more

Renault looks at deal to get back in Jeep driving seat

17.10.08

Engineering: French carmaker Renault could stop a full-blown merger between Chrysler and General Motors by repurchasing the Jeep brand it sold to Chrysler more than 20 years ago... more

GM in a drive to borrow from Fed

13.10.08

Engineering: US carmaking giant General Motors, in talks with rival Chrysler over a possible merger, is also expected to seek loans from the Federal Reserve as it struggles for survival... more

Kidnapped man flees police rescue

09.09.08

Police are searching for a kidnap victim who fled after an undercover operation in north London to end his ordeal... more

Overseas carmakers motor ahead in US

04.09.08

Engineering: In another grim milestone for the US automotive industry, Japanese carmaker Honda has overhauled Chrysler to grab fourth place in the sales league tables... more