Stories tagged with detroit

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Detroit Got Its Bailout
October 6, 2008
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The New York Times editorial board wonders if Detroit’s big three automakers will put their $25 billion loan from the federal government to good use by investing in fuel-efficient vehicles.

House passes $25-billion loan package for auto industry
September 25, 2008
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Amidst the high-profile discussion over a massive bailout of the financial industry, the U.S. House quietly approves a $25 billion loan guarantee to help Detroit automakers build more fuel-efficient cars. (Los Angeles Times — Richard Simon)

Regional bus, rail proposal unveiled
September 25, 2008
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Detroit residents get their first look at an ambitious plan to connect the city and its suburbs over the next few decades with a network of light rail, commuter rail, and hybrid buses. (Detroit News — Tanveer Ali)

Federal Aid to Detroit Seems Likely
September 18, 2008
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Democrats and Republicans in Congress — along with both presidential candidates — are supporting a plan to provide $25 billion in loan guarantees to struggling American auto manufacturers. (New York Times — David Herszenhorn)

Woodward transit line takes step to reality
September 12, 2008
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With more details rising to the surface about a proposal to build a light-rail line through downtown Detroit, it’s looking like the motor city could soon become a whole lot friendlier to its car-less residents. (Detroit Free Press — Editorial Board)

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