auto bailout news
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No-nothings oppose auto bailouts (opinion)
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
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Slim majority opposes rescue of auto makers
Ottawa :: Canada | 4 years ago
Credibility
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
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Auto bailout tab could top $130 billion
Toyota :: Japan | over 4 years ago
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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 $
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NEW: Chrysler-Fiat deal is criticized
Washington :: DC :: USA | over 4 years ago
Credibility
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,
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Wall Street Gains on Latest Auto Bailout
Frankfurt :: Germany | over 4 years ago
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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,
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GMAC Receives Bailout Funds
Washington :: DC :: USA | over 4 years ago
Credibility
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 .
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UAW Vows to Fight Salary Concessions
Toyota :: Japan | over 4 years ago
Credibility
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
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Majority supports loans for ailing auto industry: Poll
Ottawa :: Canada | over 4 years ago
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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
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Americans back auto bailout - for now
Washington :: DC :: USA | over 4 years ago
Credibility
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
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Auto bailout: Chrysler still seen at risk
Detroit :: MI :: USA | over 4 years ago
Credibility
With sales falling off the cliff and production halted at all 30 of its US plants for a month, Chrysler LLC is on a money-losing streak without a definite end in sight. Even the $4 billion emergency federal bailout -- its second in 28 years -- may
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