Obama may back bigger auto bailout

Nov 06, 2008 | 12:21 PM | Martyn Chase

President-elect Barack Obama may support an additional $25 billion of "bridge" financing to the nation's automakers on top of the $25 billion already cleared, sources said.

Word of Obama's possible backing came as the chief executives of the Big Three Detroit-area automakers arrived on Capitol Hill for a late afternoon meeting Thursday with House Speaker Rep. Nancy Pelosi (D., Calif.) and other congressional leaders to discuss how aid....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results