Advertisement

DETROIT (Reuters) - U.S. President Barack Obama's visit to Detroit on Friday is meant to highlight progress at General Motors Co and Chrysler since their government-sponsored bankruptcies, and his administration's vision for a greener economy.

The two U.S. automakers have been underpinned by more than $62 billion in direct bailout and bankruptcy assistance since 2009 and are transforming their operations to make more fuel-efficient cars and trucks.

The following are updates on prospects for the two companies.

SOURCE

Advertisement
Advertisement