Your Search Returned 59 tagged news reports
A hearing on Chrysler's request to terminate the franchises of 789 of its dealers has been pushed back by a day...Judge Arthur Gonzalez will hear arguments Thursday on the Auburn Hills, Mich.-based automaker's motion to eliminate the franchises...Three...
Tags: Chrysler-Fiat, Chrysler LLC, Indiana State Teachers, Hoyer Claims Congress, indiana treasurer, U.S, Richard Mourdock, Steny Hoyer, General Motors Corp., auto bailout
It's easy to criticize various aspects of the efforts to bail out the auto and financial industries, struggling homeowners, and so on. Certainly the government has made mistakes, and greedy men (few if any women involved) took advantage...
Tags: Auto bailout, Chrysler, GM, Ford, southern senators, parts suppliers, economic fallout
Canadians are split on a taxpayer bailout of car makers, with a slim majority rejecting the measure, a new online poll shows. It found an overwhelming number blame manufacturers for their sector's misfortune and demand both concessions and personal sacrifice...
Tags: auto bailout
General Motors and Chrysler LLC asked the government Tuesday for $21.6 billion in additional loans, but the final cost of a bailout of the auto industry could be significantly higher. The two struggling auto giants have already received a total of $17.4...
Tags: auto industry, bailout, auto bailout, chrysler
As another member of Congress expressed concerns Thursday over a proposed alliance between Chrysler LLC and Italian automaker Fiat, Sergio Marchionne, CEO of Fiat, emphasized that he does not want to run Chrysler LLC. With Fiat's help, however, Marchionne...
Tags: chrysler, carmaker, bailout, auto industry, auto bailout, Chrysler LLC, Fiat, Sergio Marchionne
U.S. stocks rose Tuesday after Washington expanded its bailout of the auto industry, boosting hopes that the government would be able to limit the severity of the year-long recession. General Motors said it will immediately increase its lending, which...
Tags: auto bailout, GMAC
It characterized the purchase as "part of a broader program to assist the domestic automobile industry in becoming financially viable." Treasury also said it agreed to lend up to $1 billion to General Motors so .
Tags: auto bailout, bailout, auto, GMAC Financiing Deal, General Motors Corp., bank, fed, Treasury, wall street, White House
In agreeing to provide federal assistance to General Motors and Chrysler, the White House demanded the firms cut worker compensation to the levels paid at the US divisions of Toyota, Nissan and Honda. (Photo: AP) Labor leaders seek to renegotiate...
Tags: automakers, president, obama, chrysler, auto, auto bailout, bailout, fed, Barack Obama
A new poll suggests a majority of Canadians are comfortable with billions of dollars in government loans for the ailing auto industry...Some 60 per cent of Atlantic Canadians also backed the loans, but public opinion was more narrowly split elsewhere...
Tags: auto, government, bailout, auto bailout, auto industry
A majority of Americans favor the Bush administration's decision to bail out the U.S. auto industry, but they draw the line at $13.4 billion. According to a recent CNN/Opinion Research poll, 63% of Americans said they supported the government's automaker...
Tags: auto, auto bailout, bailout, automakers, auto industry, cnn