Washington ? Detroit’s automakers appealed to congressional leaders Thursday for $25 billion more in federal loans, low-interest emergency borrowing and a share of the Wall Street bailout to help rescue an ailing industry battered by the economic crisis.

The talks with House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., came as General Motors Corp. and Ford Motor Co. were poised to announce billions more in losses and further job cuts Friday.

GM, Ford and Chrysler LLC pledged to work with the leaders “to ensure immediate and necessary funding to keep the auto industry viable and its transformation on track during this critical time,” according to a GM statement.

In an interview with The Wall Street Journal before the meeting, Pelosi said Democratic leaders are considering several options to help the industry, including tax credits to encourage the purchase of new vehicles and additional financing beyond the $25 billion in loans approved by Congress in late September to help the companies retool plants to build more fuel-efficient cars.

“We have an industry – forget the companies – an industry in our country that is at risk,” Pelosi told the newspaper.

“Whatever we may think about the poor choices made by the companies, the industry is important to our country. The fate of the workers, their jobs, their health, their pensions, are important to them and to our economy.”

Pelosi said in a statement that they discussed “how to protect hundreds of thousands of workers and retirees, safeguard the interests of American taxpayers, and use cutting-edge technology to transform blue-collar jobs to green-collar jobs for generations to come.”