Automakers Seek Bailout (24 images)

Sen. Carl Levin (D-MI) (L), Rep. Sandy Levin (D-MI) (C) and Rep. Fred Upton (R-MI) testifies before a House Financial Services Committee hearing on the financial conditions of the American automobile industry in Washington on November 19, 2008. The three encouraged the passing of the $25 Billion bailout package aimed at helping American automakers avoid bankruptcy. (UPI Photo/Kevin Dietsch)

From left to right, Ron Gettelfinger, Chairman of the United Autoworkers Union, Richard Wagoner Jr., Chairman and CEO of General Motors, Roger Nardelli, Chairman and CEO of Chrysler and Alan Mulally, President and CEO of Ford Motor Company, wait to testify before a House Financial Services Committee hearing on the financial conditions of the American automobile industry in Washington on November 19, 2008. The heads of the three major American automakers were on Capitol Hill asking Congress to approve a $25 Billion bailout package to help their company's avoid bankruptcy. (UPI Photo/Kevin Dietsch)

Richard Wagoner Jr. (R), Chairman and CEO of General Motors, speaks to Ron Gettelfinger, Chairman of the United Autoworkers Union, before a House Financial Services Committee hearing on the financial conditions of the American automobile industry in Washington on November 19, 2008. The heads of the three major American automakers were on Capitol Hill asking Congress to approve a $25 Billion bailout package to help their company's avoid bankruptcy. (UPI Photo/Kevin Dietsch)

Speaker of the House Nancy Pelosi, D-CA, speaks to the media about bailout options for automakers Ford, GM and Chrysler, on Capitol Hill in Washington on November 20, 2008. Senate and House leaders are delaying action, pending receipt of reform plans from the auto industry, and plan to return to the issue in early December. From left are House Majority Leader Steny Hoyer, D-MD, Rep. James Clyburn, D-SC, Pelosi, Sen. Charles Schumer, D-NY, Senate Majority Leader Harry Reid, D-NV, Sen. Richard Durbin, D-IL, and Sen. Amy Klobuchar, D-MN. (UPI Photo/Roger L. Wollenberg)