History of Chrysler GMAC for Chrysler, potentially merging two of Detroit's "Big Three" automakers. These talks did not come to fruition, and were discontinued the next month. On October 24, 2008, Chrysler announced a 25% cut (5,000 jobs) in its salaried and contract workforce in November 2008. Michigan Gov. Jennifer Granholm announced that she, along with 5 other governors, sent a letter to Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke requesting emergency funding for the Detroit Big Three Automakers. On the same day, General Motors asked the Treasury Department of the United States for $10 billion to help restructure both
General Motors Firebird immobile, trapped in an insufferable freeway traffic jam. In a flashforward to the future, they are cruising at high speed in air conditioned comfort along an automated freeway (with no other vehicles to be seen) in their turbine-powered Firebird. The movie's concept (now more than fifty years old) was that this future was not unreasonably remote, and General Motors would provide it—and yet it is consistent with current projections (2008) for future automotive travel using electronic vehicle control and improved highway infrastructure. General Motors Firebird The General Motors Firebird comprises a quartet of prototype cars that General Motors engineered for