NEW YORK (CNNMoney.com) – Can anyone rescue the U.S. automakers?
General Motors, Ford Motor and Chrysler LLC each unveiled plans Tuesday that detailed how they would return to profitability if they get federal loans.
Still, even with President-elect Obama and the outgoing Bush administration saying they support providing assistance to the automakers, it's not clear that they will get the help they need.
The CEOs of the three firms are due to appear in front of Congress Thursday and Friday to make their case for what's now a $34 billion loan package. They had originally been requesting $25 billion.