Tag search - bailout

How to Fix a Flat: Problems with the Auto Industry Bailout, 2008-11-15 00:00:24
Last September, I was in a hotel room watching CNBC early one morning. They were interviewing Bob Nardelli, the C.E.O. of Chrysler, and he was explaining why the auto industry, at that time, needed $25 billion in loan guarantees. It wasn't a bailout, he said. ...Bookmark tags: business, congress, government, cars, bailout, automobiles, chrysler, auto-industry, detroid

Obama's Car Puzzle, 2008-11-15 00:00:26
The media have been terrible in explaining how the homegrown car companies landed in their present fix, when other U.S. manufacturers (Boeing, GE, Caterpillar) manage to survive and thrive in global competition. ...Bookmark tags: business, obama, congress, cars, bailout, ford, general-motors, auto-industry, detriot, financial-rescue

Should Taxpayers Bail Out the Auto Industry?, 2008-11-25 21:00:10
The "big three" of the American automobile industry, G.M., Ford, and Chrysler are in desperate need of cash. Many Democrats in Congress back a bailout plan that would cost the taxpayers $25 billion in federal aid. ...Bookmark tags: business, cars, debate, bailout, vote

General Motors passes begging bowl around Europe, 2008-11-26 01:00:37
"General Motors (GM) has made direct approaches for financial help to the governments of the European countries in which it operates. ...Bookmark tags: business, cars, bailout, gm

Big 3 drive cars to get bailout, 2008-12-04 10:00:03
The Big 3 automakers, CEOs of GM, Chrysler, and Ford, have returned to Capitol Hill to plead their case to receive $34B in federal funds. ...Bookmark tags: business, cars, bailout, automakers, big-3

Editorial - Reality Check for Detroit - NYTimes.com, 2008-12-05 12:00:06
Congress should ask for more. There are solid grounds to mistrust Detroit's Bit Three. As the price of gasoline drifts back below $2 a gallon, they face a powerful incentive to slip on the drive for better mileage and new fuels and to fall back on the gas-guzzlers they know. ...Bookmark tags: us-news, ford, gm, chrysler, bailout, automotive-industry, cars, fuel-economy, detroit, big-three

"Car czar" proposed for any automaker bailout, 2008-12-07 03:00:03
A government "car czar" would oversee any bailout of U.S. automakers under proposed terms being negotiated by the White House and Congress for extending up to $17 billion in emergency loans that mainly aim to spare General Motors Corp and Chrysler LLC from bankruptcy. ...Bookmark tags: business, cars, bailout, automotive, autos, czar

Quick Solution to a Detroit Auto Bailout, 2008-12-07 21:00:03
In reading all the discussion about the possibility of a bailout of GM, Ford and maybe Chrysler, it appears to me that no one has asked and answered the fundamental questions behind the issue. ...Bookmark tags: business, cars, bailout, ford, gm, detroit, toyota, chrysler

Detroit Churches Pray for 'God's Bailout', 2008-12-08 14:00:02
What would Jesus do? ...Bookmark tags: us-news, economy, money, cars, bailout, god, church, detroit, prayer, auto-industry

9 Million GM - 9 Million Toyota, 2008-12-12 23:00:03
"This is a business problem, and it cannot be solved with a political solution."-Sen. Jim DeMint ...Bookmark tags: business, news, cars, bailout, financial, gm, toyota

2009 Auto Show To Have More Product Debuts - Detroit News Story - WDIV Detroit, 2008-12-13 08:00:05
business, cars, auto, detroit, auto-show, big300 <img src="http://www.newsvine.com/_vine/images/_/header_savedlink.gif" style="border: none" alt="" width="17" height="21"9 Million GM - 9 Million Toyota9 hours ago - Seeded by Nate RiverSource: "This is a business problem, and it cannot be solved with a political solution."-Sen. Jim DeMint ...Bookmark tags: business, news, bailout, cars, gm, toyota, financial

TPM: News Pages | Talking Points Memo | GM to temporarily close 20 plants to slash output, 2008-12-14 23:00:03
General Motors Corp. said Friday it will temporarily close 20 factories across North America and make sweeping cuts to its vehicle production as it tries to adjust to dramatically weaker automobile demand. ...Bookmark tags: business, cars, auto, bailout, car, gm, automobile, big-three, tarp

Foreign Auto Makers Won Billions in Government Subsidies, 2008-12-16 17:00:05
"We don't think it is the role of government to intervene," Sen. Jim DeMint (R-S.C.) told the Fox Business Network last week. "We need to let the market and the laws work the way they are already in place." ...Bookmark tags: us-news, cars, auto, bailout, ford, gm, chrysler, big-three

Big Three Adjust Plans for Temporary Plan Shutdowns, 2008-12-18 06:00:04
Starting on Friday, Chrysler is closing all of their plants for a period of 30-days. Ford will shut down 10 of its plants for an extra week in January ...Bookmark tags: us-news, uaw, cars, big-3, shutdown, auto-makers, bailout, economic-crisis

Bush Gives Emergency Loans to Automakers, 2008-12-19 14:00:03
President Bush announced $13.4 billion in emergency loans on Friday to prevent the collapse of General Motors and Chrysler, and said another $4 billion would be available for the hobbled automakers in February. ...Bookmark tags: us-news, general-motors, chrysler, ford, gm, auto-bailout, bailout, recession, auto-industry, us-treasury

Worst Sales Performance of Any Car: Toyota Prius, 2009-01-06 08:00:02
one cannot, as so many of the commenters in my earlier post did, just say that GM was stupid and Toyota was smart, and that the American car industry should roll over and die and make room for those innovative Japanese and German car makers. Look at the numbers. ...Bookmark tags: business, cars, bailout, ford, gm, detroit, auto-industry, auto-bailout