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A Fateful Day Looms For Automakers

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A Fateful Day Looms For Automakers

Business

A Fateful Day Looms For Automakers

A Fateful Day Looms For Automakers

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  • <iframe src="https://www.npr.org/player/embed/104763460/104763450" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Monday is expected to be a remarkable day in American industrial history. A judge in New York plans to rule on a critical sale that would launch Chrysler out of bankruptcy. And — on the same day — General Motors, once the world's dominant auto-maker, is almost certain to file for bankruptcy in the same courthouse.

NPR's Frank Langfitt covers the auto business and speaks with host Liane Hansen about what this means to the American auto industry — and taxpayers.