UAW agrees to help automakers

Union says it will work on changes in labor contract, a key to winning support for federal bailout of GM, Ford and Chrysler.
By Chris Isidore, CNNMoney.com senior writer
December 3, 2008: 1:26 PM ET
NEW YORK (CNNMoney.com) — The United Auto Workers agreed to work with the embattled U.S. automakers about changes in their labor contract, an [...]

Congress Eyes Big Three Automakers’ Plans

Detroit’s Big Three auto executives have ditched their corporate jets for hybrid cars and replaced vague pleas for federal help with detailed requests for as much as $34 billion in their second crack at persuading Congress to throw their struggling companies a lifeline.
Congressional leaders are reviewing three separate survival plans from Chrysler LLC, General Motors [...]