BIG DAY FOR THE BIG THREE.... The Big Three automakers were on the Hill recently, with hat in hand, asking for a generous bailout package to save the American automotive industry. Lawmakers insisted that the companies craft a sensible business...

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The three U.S. car companies delivered their overhaul plans to Congress on Dec. 2, and asked for a total of $34 billion to get them through the financial crisis. That's a big bump up from what they had asked for last month. And with the Detroit...

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So how did they get into this mess? There are a number of myths floating about, which need to be cleared away first: 1. The US market does not make hybrids. Well, they were slow getting into the game, but Ford and GM make a lot of hybrid models...