gm ford

Here's what may wind up on the block for Detroit's struggling auto brands as GM, Ford and Chrysler look for cuts.

O.k., I’m obviously being provocative, but I felt it needed to be said: if trickle-down economics is as bad as Democrats have told us it is, then why do so many Democrats support giving $25 billion to the automakers?

CEOs from GM, Ford and Chrysler appear Wednesday before the House Financial Services Committee. Rep. Barney Frank, the committee's chairman, has drafted legislation extending the $700 billion rescue program to Detroit's Big Three automakers.

He talks with Steve Inskeep about how the plan works.

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Congress and the White House say they want to do something to help the nation's automakers, which are close to insolvency.

Executives from Ford, GM and Chrysler will be on Capitol Hill Tuesday to plead their case. But there is no consensus on what to do for Detroit.

It may be next year before Washington acts, which the industry fears may be too late.

Detroit's Big Three automakers are asking the government for a bigger bailout. They received $25 billion in federal loans and now want an additional $25 billion.

Congressional Democrats urged the Bush administration to use some of the $700 billion bailout for banks to help the car companies.

Joe White of The Wall Street Journal talks about what a bailout would mean.

Detroit automakers have been suffering. There are worries that GM, Ford and Chrysler might not have enough money to make it through the downturn.

And over the weekend, there were reports that the carmakers could be looking into dramatic moves including a possible merger between General Motors and Chrysler.

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How bad is it going to get for automakers? Worse, much worse.

US carmakers GM, Ford and Chrysler all report August sales figures well below 2007 levels, as tough times continue for the motor industry.