Financial Times FT.com

Detroit's Big Three claim Obama's attention

By Julie MacIntosh in New York and John Reed in London

Published: November 6 2008 02:00 | Last updated: November 6 2008 02:00

The problems facing Detroit's three carmakers, which are struggling to survive amid the worst trading conditions in 25 years, are quickly claiming a prominent position in president-elect Barack Obama's bulging "in" basket.

General Motors and Chrysler failed to cobble together support from the Bush administration for a merger ahead of Tuesday's US election, in spite of efforts to impart a sense of urgency on the need for a government-backed deal.

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