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Auto Industry Bailout

President Barack Obama spoke about the automotive industry's recovery from the 2009 recession and the federal government's role providing financial assistance to automakers during a Jan. 20 speech in Detroit.

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Feds Close Books on Auto Bailout

The U.S. government lost $9.26 billion in its financial rescue of the auto industry, and closed out its last investment earlier this month six years after initiating the plan.

GM Names Mary Barra CEO

General Motors has elevated Mary Barra as its new CEO to replace Dan Akerson, making her the first female to head a global automotive manufacturer.

Feds Sell Last Shares of GM Stock

The U.S. Department of the Treasury has sold off the remaining shares of General Motors stock, ending a five-year federal bailout of the automotive industry, the department announced Monday.

GM Asks U.S. Gov't for Funds to Build Hybrids

DETROIT – General Motors Corp. has asked for $2.6 billion of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released April 1.