Auto bailout News
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Toronto -
Only a few years after receiving a $7.6B joint bailout by the Ontario, Canada and US governments, automotive manufacturer Chrysler has repaid their debt.
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Despite billions in bailouts and an unprecedented pre-packaged bankruptcy, General Motors may be forced to liquidate if an asset sale isn't approved.
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As spokesmen from Cerberus decline comment on their failed investment in GMAC, the recent bailout has them looking to the back door to slip out.
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Billions of Federal injections came to General Motors today as they received one “bailout” after another, thanks mostly in part to GMAC.
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Recently, the Feds "loaned" GM the funding neccesary to survive the economic downturn, and yesterday approved GMAC's request to become a bank holding company.
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Financial problems are very abundant today with the likes of lending institutions and the automotive industry ‑ but now church organizations?
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The financial crisis hitting the Big Three auto manufacturers could ripple to other markets, such as NASCAR. The sport could face increasing cuts on the cars companies provide to drivers. Also, sponsors are pulling out amid budget constraints.
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Auto bailout Headlines
By JONATHAN KARL Attention U.S. taxpayers: You now own a piece of a French car company that is drowning in red ink. That’s right. In a move little noticed outside of the business pages, General Motors last week bought more than $400 million in shares...
An auto-correct error turned "gunna" into "gunman."
Struggling auto industry hopes to drum up interest in Geneva this week.
New York International Auto Show
The timetable for the auto-enrolment into a pension
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Auto bailout Blogs
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Inspiring fiction of a girl's search for personal empowerment and authenticity, based on a true story! Author...
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Mainstream media is notorious for disinformation and smear propaganda especially when it comes to Ron Paul. The...
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The Chevrolet Corvette is a highly popular sports car that has been on the automotive scene since 1953. Whether it is...
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