 Ford Exploring Sale of its Corporate Jets
DETROIT (AP) - Ford Motor Co. may sell its fleet of five corporate jets after top executives of the three Detroit automakers were harshly criticized by members of Congress this week for their travel expenses.
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 Pelosi, Reid Issue Letter of Demands to 'Big 3'
Speaker Nancy Pelosi and Senate Majority Leader Harry Reid today sent a letter to the Big Three U.S. auto executives, calling on them to submit a credible restructuring plan. INSIDE: Michael Rosenfield talks to an analyst about the road ahead.  Watch Video
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 Buffett: Automakers Need Bailout
Billionaire investor Warren Buffett says U.S. automakers need a new business model to better compete, whether it takes bankruptcy or a government bailout to achieve.
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 Flying Commercial?, GM Unloads 2 Jets
General Motors is getting rid of two of the corporate jets that caused the automaker so much controversy during this week's hearings on Capitol Hill.
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 Governor Hopeful Detroit 3 Will Get Aid
Michigan Gov. Jennifer Granholm is confident the Detroit Three automakers will successfully persuade Congress to give relief to the battered industry next month.
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 Luxury Car Sales Continue At Steady Pace
A dismal economy has yet to put a serious dent in luxury car sales.
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 GM Announces New Production Cuts
General Motors has announced changes to production that will impact thousands of workers at several factories. INSIDE: Watch Action News Report Watch Video
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 DEALERS: Charity Contributions Could Suffer
What happens to the Big 3 car companies has a direct impact on auto dealers. INSIDE: Cheryl Chodun reports that what happens to the dealers also affects communities and charities Watch Video
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 Big 3 Ready to Prove Its Worthiness
Detroit's Big 3 have new marching orders from Congress. The automakers must prove they are worthy of your tax dollars. INSIDE: Tom Wait and Glenda Lewis report GM, Chrysler and Ford say they can meet the new demands for a bailout Watch Video
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 GM Pinning Its Hopes on the Volt
Lawmakers in Washington have repeatedly criticized Detroit's Big 3 for not planning far enough ahead and not creating enough fuel-efficient vehicles. INSIDE: From the Los Angeles Auto Show, Mary Conway introduces us to the car some say could be GM's savior Watch Video
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 Warren Wants Help for Big 3
The mayor of Michigan's third-largest city is speaking out about the need for the government to act swiftly to help Detroit's Big 3 automakers. INSIDE: Glenda Lewis speaks with Warren Mayor Jim Fouts Watch Video
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 Optimism for the Big 3's Future
A leading expert in the auto industry is optimistic on the future of the Big 3. INSIDE: Cheryl Chodun has the details from Ann Arbor Watch Video
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 Auto Analyst John McElroy/Autoline Detroit
Carolyn Clifford and Robbie Timmons discuss today's developments in Washington with Autoline Detroit's John McElroy. Watch Video
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 Bailout News Monitored at L.A. Auto Show
The federal bailout scenario is getting plenty of attention out west at the Los Angeles Auto Show. INSIDE: Mary Conway is the only Detroit television reporter in Los Angeles, and she was with Roger Penske when word broke of a possible compromise deal Watch Video
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 Poll Shows Public Split Over Bailout
The congressional stalemate over whether to toss the country's big automakers a $25 billion life preserver reflects a divided public, which a poll shows is evenly split over whether to come to Detroit's rescue.
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| Granholm Encouraged by Congressional Action
Governor Jennifer Granholm issued a statement shortly after the congressional action that demands business plans from the 'Big 3'. INSIDE: Read the statement
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 TOM WAIT: A 'Wild Day in Washington'
UPDATED: First, it was thought that a deal was in place between lawmakers and the Big 3 car companies, and then the deal was pulled off the table...at least for now. INSIDE: Tom Wait has the details from Washington Watch Video
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 Who's Using the Auto Companies' Private Jets?
During yesterday's hearings before the House Financial Services Committee, the heads of the Big 3 faced stiff criticism, but a check of the facts shows that some members of Congress may have been using the automakers private jets.
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 Congress to Automakers: 'No Plan, No Money'
House Speaker Nancy Pelosi, Majority Leader Harry Reid and Rep. Barney Frank were among the Democrats present at a press conference where they announced automakers would have to come up with a business plan before any bailout vote would be held. INSIDE: Watch Press Conference Watch Video
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 Bipartisan Compromise on Auto Bailout Plan
A bipartisan agreement has been reached on a bailout for the 'Big 3', but a vote won't come quickly. INSIDE: Watch Entire News Conference Watch Video
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 Ron Gettelfinger Press Conference
UAW President Ron Gettelfinger held his first press conference since returning from Washington, addressing what happened during the trip to the Nation's Capitol. Watch Video
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 GMAC Files For Bank Holding Status
GMAC Financial Services has applied to the Federal Reserve to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the Treasury's $700 billion bank rescue plan.
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 Do Some Lawmakers Want Big 3 to Fail?
There is speculation that some Southern Lawmakers may want the Big 3 to fail, in an effort to benefit from the manufacturing industry in their states. INSIDE: Insight from an auto analyst Watch Video
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 Big 3 Execs Leave D.C. Empty Handed
The Big 3 executives left Capitol Hill Wednesday night with nothing to show for two days of testimony, as the Senate cancelled plans to vote on a bailout. INSIDE: Tom Wait says Michigan lawmakers are still trying to come up with a compromise bailout package Watch Video
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 Ford 'Re-tools' Its Wayne Truck Plant
While testifying in Washington before House and Senate committees, Ford CEO Alan Mulally talked of the company's "re-tooling efforts" as an example of its restructuring efforts. INSIDE: Michael Rosenfield says two Ford models will no longer be build at the Michigan Truck Plant in Wayne Watch Video
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