Bush defends loans to GM, Chrysler
December 22, 2008
Saturday, Dec 20, 2008Bush defends loans to GM, ChryslerDavid Shepardson / city News pedagogue Bureau
President Dubya defended his selection to give $17.4 1000000000 to General Motors Corp. and Chrysler LLC in his broadcasting embellish Saturday, locution it would order “meaningful” sacrifices from machine workers, dealers and suppliers.
Bush explained how automakers would hit to shew by March 31 that they module be viable.
“This restructuring module order me
Canada unveils plan to help auto industry (Reuters)
December 22, 2008
Pelosi likes ‘car czar’ as Gettelfinger hopeful about deal
December 10, 2008
Tuesday, Dec 9, 2008Pelosi likes ‘car czar’ as Gettelfinger anticipative most dealAssociated Press
WASHINGTON – House Speaker metropolis Pelosi touted the idea of a ‘car czar’ to manage an machine business bailout, locution weekday that Big Three executives haven’t modified substantially to dynamical conditions.
As United Auto Workers President Daffo Gettelfinger vocal firm certainty that an improvement module be reached on a $15 1000000000 b
Manny Lopez: Corporate jets save Big 3 time
November 27, 2008
Wednesday, Nov 26, 2008Manny Lopez: CommentaryCorporate jets pay Big 3 time
By today it’s maddeningly manifest that there’s more welfare in how Detroit’s machine CEOs movement than what their companies build, a chanceful status presented the federal assistance the business needs.
More than a hebdomad after Reps. metropolis Ackerman, D-N.Y., and Brad Sherman, D-Calif., among others, took potshots at the machine industr
Macomb auto suppliers, state rep to meet
November 27, 2008
Wednesday, Nov 26, 2008Macomb machine suppliers, land cloth to meetCandice reverend / The city News
ROMEO — In reddened of the business disturbance within the machine industry, manufacturing suppliers also hit institute themselves in trouble.
State Rep. Kim Meltzer, R-Clinton Township, and whatever Macomb County machine parts manufacturers module foregather at 11:30 a.m. weekday to handle concerns within the cater business as legislature discusses a possibleness bailout.
Push for auto loans a tough fight, Cockrel says
November 21, 2008
Thursday, Nov 20, 2008Push for machine loans a thickened fight, Cockrel saysIn D.C., city politician says ‘there’s a chance’ to get assistance for automakers.Gordon Trowbridge / city News pedagogue Bureau
WASHINGTON — city Mayor Kenneth Cockrel Jr. overturned a previously designed lobbying activate to the Washington into a appeal for business assistance to the machine business Wednesday, but he recognized that governing to support the Big Three carmakers is in e
New poll says majority of Americans support bailout for Detroit’s automakers
November 14, 2008
Friday, Nov 14, 2008New enquiry says eld of Americans hold bailout for Detroit’s automakersDavid Shepardson / city News pedagogue Bureau
WASHINGTON — A newborn enquiry free today says a eld of Americans backwards gift automakers a $25 1000000000 federal bailout — that’s in oppositeness digit early polls that said Americans were unbelieving or anti the action.
By nearly two-to-one, Americans said the U.S. polity should wage loans to dweller automakers, ac
Mercedes will reduce Alabama operations in January
November 14, 2008
Friday, Nov 14, 2008Mercedes module turn Muskogean dealings in JanuaryAssociated Press
VANCE, Ala. – Mercedes-Benz plans to turn dealings on digit of its gathering lines at its Muskogean being incoming assemblage in salutation to a delay in the machine industry.
But Mercedes spokeswoman Felyicia Jerald said weekday no layoffs module termination from the change. Jerald also said the being module modify its exemplary one-week season shutdown to quaternary weeks incoming yea
Obama says righting auto industry is a high priority
November 10, 2008
Saturday, Nov 8, 2008Cash crunchObama says righting machine business is a broad priorityGM, author defect reserves, grappling liquidity crisis; GM, Chrysler care on hold.Christine Tierney, Bryce G. histrion and parliamentarian Snell / The city News
President-elect Barack Obama singled discover the U.S. machine business for primary tending weekday as Detroit’s maximal automakers reportable slummy quarterly results that underscored their unsafe situation.
General Motors Corp. forf
Congress weighs more aid for Big 3
November 5, 2008
Tuesday, Nov 4, 2008Congress weighs more assistance for Big 3David Shepardson / city News pedagogue Bureau
WASHINGTON — House Speaker metropolis Pelosi met with key House Democrats on weekday to study a difference of structure to assistance the struggling U.S. machine industry.
The hourlong gathering convergent on whether legislature should advise to apace okay up to $25 1000000000 in “bridge financing” to assistance automakers finished a mounting business cri
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