News Stories Related To: Automakers to plead with Congress for aid
Source: News Press
When the heads of General Motors (GM), Chrysler and Ford Motor (F) and their major union go to Capitol Hill today, they will try to convince lawmakers that if the Big Three automakers...
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By: jdangjenn
Report: Too Big Not To Fail?
24 days ago
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- News Source: Toronto Star | about 1 year agoThe men who run The Big Three looked distinctly tiny in a congressional hearing room yesterday, a trio of auto industry paupers pleading for money and carrying a common message: It's not our fault. The Diminished Three – Richard Wagoner of General...
- News Source: BBC | about 1 year agoGeneral Motors, Ford and Chrysler - should get a government bail-out - on certain conditions. "I think the government should make sure that the carmakers change their way of doing business," he argues, "because they can't keep on doing what they have...
- News Source: The Courier-Journal | about 1 year agoKentucky's Republican senators publicly declared their staunch opposition yesterday to a proposal that would double the $25 billion in federal funds designated to help rescue domestic automakers, saying the money was little more than a "blank check."...
- News Source: Orlando Sentinel Online | about 1 year agoThe CEOs of the nation's Big Three automakers didn't get much respect when they pulled up at the nation's money pump asking for a $25 billion fill-up. Senators weren't in much of a mood to talk about it Tuesday, at least not without a heavy dose of...
- News Source: The Boston Globe | about 1 year agoWarning of a doomsday economic scenario, the top executives of the Big Three US automakers made a historic appeal yesterday for $25 billion in loans, telling Congress the money is desperately needed to stave off the collapse of the companies and the...
- News Source: Androscoggin News | about 1 year agoThe Big Three automakers are set to make another pitch for financial help. Auto executives told a Senate panel yesterday and will tell a House committee today that if their companies fail, other businesses will also be pulled under, resulting in the...
- News Source: The Boston Globe | about 1 year agoDetroit's Big Three automakers are running out of time in their quest to convince skeptical lawmakers that Congress should throw them a $25 billion lifeline. Top executives with General Motors , Ford and Chrysler will return to Congress on Wednesday,...
- News Source: Money Morning | about 1 year agoExecutives from Detroit’s “Big Three” auto companies – General Motors Corp. ( GM ), Ford Motor Co. ( F ), and Chrysler LLC – yesterday (Tuesday) joined Congressional Democrats on Capitol Hill to make the case for an industry-wide bailout...
- News Source: The Guardian | about 1 year agoThe chief executives of General Motors , Ford , and Chrysler painted a dismal financial picture yesterday before the Senate banking committee, warning of nearly 3m lost jobs and more than $150bn in lost government revenue if their companies were to...
- News Source: Houston Chronicle | about 1 year agoThe heads of the Big Three automakers of Detroit pleaded on Tuesday for emergency government aid to stave off potential collapse, but after four hours of testimony, it appeared they had not persuaded enough lawmakers to move quickly on a bailout.
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