Political Capital

Craig Trudell

A sales manager ties balloons to General Motors Chevrolet vehicles at a dealership in Wake Forest, North Carolina.

Photograph by Jim R. Bounds/Bloomberg

A sales manager ties balloons to General Motors Chevrolet vehicles at a dealership in Wake Forest, North Carolina.

Obama’s Auto Bailout: Moody’s OK

The Obama administration managed quite a deal for U.S. taxpayers when it rescued General Motors Co., Chrysler Group LLC and their financing arms in 2009, according to Moody’s Investors Service. The bond rating service issued an endorsement of the auto...

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Chrysler CEO: Romney’s Bankruptcy Solution `Impossible’ at the Time

Mitt Romney’s recollection of 2009 doesn’t match Chrysler Chief Executive Officer Sergio Marchionne’s. Hours before President Barack Obama’s campaign visit to Ohio State University today, Chrysler’s Marchionne visited the campus last night to speak about the auto-maker’s “Imported From Detroit”...

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Chrysler Group LLC employees work on a 2013 Dodge Dart in Belvidere, Illinois.

Photograph by Daniel Acker/Bloomberg

Chrysler Group LLC employees work on a 2013 Dodge Dart in Belvidere, Illinois.

Obama Can Eat Steak in Illinois Home to Chrysler Plant

If President Barack Obama’s campaign decides to make a stop in the industrial town of Belvidere, Illinois, before November, there are thousands of auto workers ready to treat him to a steak dinner. Chrysler Group LLC’s factory in Belvidere, a...

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