US carmakers' rescue in a jam

Chances of a last-minute Detroit rescue plan are fading, with a deal between Republican and Democrat congressmen and the White House needed before tomorrow.

Republican senators, with White House support, are working on a scheme to provide $25 billion (£16.6 billion) to bail out US motor companies. But with Democrats sceptical and the clock ticking on the year's final legislative session, few think the measure will pass.

"I won't say it's completely over. I'm still having conversations with people. But it doesn't look good," Republican Senator Robert Bennett said.

Without a deal by the end of the week, any bailout is likely to have to wait until the Obama administration takes over in January. Observers say at least one of the Big Three carmakers could be bankrupt by then. Republicans refused to support an earlier Democrat plan, and are trying to amend a $25 billion loan programme.