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Chrysler says it will repay $7.5 billion in bailout money

Chrysler Group will take out bank loans and sell bonds to repay $7.5 billion in bailout money from the U.S. and Canadian governments, another sign that the automaker is recovering from its near-collapse in 2009. View full post on All Stories

GM adding 650-plus jobs at Mich. plant, AP says

General Motors Co. will add a shift and more than 650 jobs at its assembly plant in Flint where it makes the hot-selling GMC Sierra and Chevrolet Silverado pickup trucks, a person familiar with the plan said Saturday. The move is yet another sign that truck sales are on the rise for the recovering automaker. [...]

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