News tagged with “automaker”. Found:
77 tagged news reports.
Your Search Returned 77 tagged news reports
U.S. Plan Sees Easing of G.M. to Bankruptcy
The government may seek to ease General Motors into what it calls a “controlled” bankruptcy, somewhere between a prepackaged bankruptcy and court chaos, by persuading at least some creditors to agree to a plan that would cleave the company...
Tags: government, Detroit, Lehman Brothers, Barclays, deteriorate, pension, Ford, Continental Airlines, Delphi, CorporationChrysler, liquidation, unequivocal, June, lawyer, Fritz Henderson, automaker, Bankruptcy, General Motors, controlled, creditors, administration, officials, taxpayer, financing
Survey says auto execs pessimistic about future
Detroit :: MI :: USA | 10 months ago
Credibility
Auto executives across the globe are increasingly pessimistic about their industry, and only a small number expect their companies' profits to rise in the next five years, according to an annual survey. LLP. Many expected Detroit's three automakers to...
Tags: automakers, automaker
NEW: GM concession talks begin
Detroit :: MI :: USA | 10 months ago
Credibility In a series of historic talks expected to be tense and sweeping at times, General Motors Corp. will launch formal negotiations this week with the United Auto Workers, bondholders, dealers and others to transform the automaker into a smaller, viable company.
Tags: automaker
Tories set to add forestry, mining to bailout list
Toronto :: Canada | 10 months ago
Credibility In the Throne Speech, the Conservative government had pledged relief for automotive and aerospace sectors but nothing was proposed for the fisheries, mining and forestry industries. NDP Leader Jack Layton credited the creation of the coalition between...
Tags: government, aid, automakers, automaker, administration, bailout, billion
Anger Grips Auto Workers
Smyrna :: GA :: USA | 11 months ago
Credibility Corker emerged as one of the leading critics of the rescue plan passed by the House. He lashed into the carmaker chief executives when they came to Washington looking for help. And it was Corker's alternative proposal, which was a plan that would have...
Hopes fade for aid to automakers
Boise :: ID :: USA | 11 months ago
Credibility The Democratic congressional leadership has said it is eager to aid the industry, but there is substantial rank-and-file resistance to another corporate bailout, which opinion polls indicate is deeply unpopular with the public. In recent days, congressional...
Tags: automakers, aid, automaker, congress, administration, corporate, capitol, bailout
Automakers' Jobs Bank Program Pays Laid-Off Workers to Do Nothing
Detroit :: MI :: USA | 11 months ago
Credibility Thousands of laid-off auto workers get paid $31 an hour to sit around and do nothing all year under a controversial program that could continue even if American taxpayers bail out the American auto industry. The program, called "Jobs Banks," has been...
Tags: chrysler, aid, automakers, automaker, plan, Chrysler LLC
Auto industry planning carpool to Washington
Detroit :: MI :: USA | 11 months ago
Credibility November 24, 2008 Dura Automotive Systems CEO Tim Leuliette says the Detroit Three automakers, car dealers and the United Auto Workers discussed the carpool over the weekend. Automakers say they need $25 billion in loans to help them survive the worst...
Tags: auto, automaker, automakers, plan, chrysler, auto deal, bailout, ford, billion, aid
Sector Snap: Automaker shares rise on market rally
Seattle :: WA :: USA | 11 months ago
Credibility Stocks climbed across the market after the federal government agreed to inject a fresh $20 billion into Citigroup Inc. to help rescue the beleaguered banking giant. In mid-afternoon trading the Dow Jones industrial average was up more than 3 percent and...
Tags: automaker, automakers, government, chrysler, billion, ford, democrats, aid, big 3, plan
Obama says automakers need clear plan
Chicago :: IL :: USA | 11 months ago
Credibility He says lawmakers did the right thing in telling the auto executives to come up with a plan before getting taxpayer money...But he says any government aid should be designed to assure a "long-term, sustainable" industry. He says the auto execs need to...
Tags: automaker, automakers, obama, government, billion, bailout, president, aid, plan, barack
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