Cheney says Congress failed struggling automakers (USA Today)
Vice President Dick Cheney blamed Congress for failing to bail out the auto industry, saying the White House was forced to step ...Source : USA Today (subscribe)Explore : Politics
Cheney says Congress failed struggling automakers (Seattle Times)
Vice President Dick Cheney blamed Congress for failing to bail out the auto industry, saying the White House was forced to step in to save U.S. car companies.Source : Seattle Times (subscribe)Explore : Dick Cheney, Politics, The Vice President, White House
Cheney Says Congress Failed Struggling Automakers (Tampa Bay Online)
Vice President Dick Cheney blamed Congress for failing to bail out the auto industry, saying the White House was forced to step in to save U.S. car companies.Source : Tampa Bay Online (subscribe)
Cheney: Congress failed struggling automakers (MSNBC.com)
Vice President Dick Cheney blamed Congress for failing to bail out the auto industry, saying the White House was forced to step in to save U.S. car companies.Source : MSNBC.com (subscribe)Explore : Politics
Cheney says Congress failed struggling automakers (AP)
AP - Vice President Dick Cheney blamed Congress for failing to bail out the auto industry, saying the White House was forced to step in to save U.S. car companies.
Canada Will Provide Funds to Automakers Contingent on US Package (Green Car Congress)
CBC. The Canadian Federal government and Ontario will offer proportional funds to Canada?s auto industry if a proposed $14-billion US aid package somehow comes through for the automakers in Washington. The support would also be contingent on GM, Ford and...Source : Green Car Congress (subscribe)
Congress works on a deal to save automakers (AP)
AP - Supporters of an emergency rescue for the Detroit auto industry face an uncertain outcome in their effort to craft a $15 billion aid package for the troubled and nearly broke carmakers.
Congress works on a deal to save automakers (Examiner)
Supporters of an emergency rescue for the Detroit auto industry face an uncertain outcome in their effort to craft a $15 billion aid package for the troubled and nearly broke carmakers.Source : Examiner (subscribe)
France asks Congress to help Big Three automakers (Miami Herald)
NASCAR chairman Brian France has lobbied Congress to support a financial rescue plan for the struggling Big Three automakers.Source : Miami Herald (subscribe)
Interim Rescue of Automakers Moves Forward in Congress
Details were not immediately available but senior aides said that the package would include billions in short-term loans.
Humbled automakers pitch new and bigger rescue plan to Congress (kare11.com - Business News)
The chiefs of the Big Three U.S. automakers are making a new, bigger pitch to Congress for a government rescue, with a price tag of $34 billion.Source : kare11.com - Business News (subscribe)Explore : Government
Automakers face skeptical Congress on cash plea
WASHINGTON (Reuters) - The top executives of the major U.S. automakers faced skeptical questioning on Capitol Hill as they pleaded for $34 billion in federal aid and warned of a possible collapse that would jeopardize millions of jobs.
Automakers face skeptical Congress on cash plea (Reuters)
Reuters - The top executives of the major U.S. automakers faced skeptical questioning on Capitol Hill as they pleaded for $34 billion in federal aid and warned of a possible collapse that would jeopardize millions of jobs.
Automakers plead with Congress for emergency cash
WASHINGTON (Reuters) - The chief executives of the major U.S. auto companies pledged to refocus on higher fuel efficiency and lower production costs as they asked Congress again on Thursday for billions of dollars in emergency cash.
Automakers plead with Congress for emergency cash (Reuters)
Reuters - The chief executives of the major U.S. auto companies pledged to refocus on higher fuel efficiency and lower production costs as they asked Congress again on Thursday for billions of dollars in emergency cash.
Automakers pitch Congress anew on rescue (Los Angeles Times)
WASHINGTON -- Humbled U.S. automakers pleaded with Congress today to approve an expanded $34 billion rescue package, but heard fresh skepticism from lawmakers in a bumpy encore appearance.Source : Los Angeles Times (subscribe)
Automakers vow change and plead for aid in Congress
WASHINGTON (Reuters) - The top executives of the major U.S. auto companies pledged to refocus on higher fuel efficiency and lower production costs as they asked Congress again on Thursday for billions of dollars in emergency cash.
Automakers vow change and plead for aid in Congress (Reuters)
Reuters - The top executives of the major U.S. auto companies pledged to refocus on higher fuel efficiency and lower production costs as they asked Congress again on Thursday for billions of dollars in emergency cash.
Automakers pitch Congress anew on rescue (AP)
AP - Humbled U.S. automakers pleaded with Congress Thursday to approve an expanded $34 billion rescue package, but heard fresh skepticism from lawmakers in a bumpy encore appearance.
Automakers try again to sell Congress on rescue (AP)
AP - Humbled U.S. automakers are pleading with Congress to approve an expanded $34 billion rescue package to save their troubled industry. But Detroit's Big Three auto executives face continued skepticism from lawmakers in an encore appearance on Capitol Hill.
Automakers back to try to sell Congress on rescue (The Huffington Post)
WASHINGTON ? U.S. automakers are returning to Congress for high-stakes hearings they hope will persuade skeptical lawmakers to save their troubled industry with $34 billion in emergency aid, but a top Senate Democrat wants to hand their problem to the Federal Reserve. Two weeks after a botched attempt on Capitol Hill, repentant leaders of General Motors Corp., Ford Motor Co. and Chrysler LLC were...Source : The Huffington Post (subscribe)
Automakers back to try to sell Congress on rescue (AP)
AP - U.S. automakers are returning to Congress for high-stakes hearings they hope will persuade skeptical lawmakers to save their troubled industry with $34 billion in emergency aid, but a top Senate Democrat wants to hand their problem to the Federal Reserve.
Automakers try to sell Congress on rescue Thursday (AP)
AP - U.S. automakers are returning to Congress for high-stakes hearings they hope will persuade skeptical lawmakers to save their troubled industry with $34 billion in emergency aid, but a top Senate Democrat wants to hand their problem to the Federal Reserve.
Automakers try to sell Congress on rescue package that could reach $34B for troubled industry (Star Tribune)
WASHINGTON - Automakers and their union worked feverishly Wednesday to sell a skeptical Congress on a $34 billion aid plan, promising labor concessions and restructuring in advance of a second round of hearings.In Capitol Hill meetings, industry officials said the collapse of one or more of the Big Three carmakers could deepen the recession and undermine the companies' ability to survive."We're...Source : Star Tribune (subscribe)Explore : Politics
Automakers plead with Congress; votes lacking (AP)
AP - Imperiled automakers and their union worked feverishly Wednesday to sell a skeptical Congress on a $34 billion aid plan, promising labor concessions and restructuring, but the Senate's Democratic leader said there still weren't enough votes to tap the $700 billion federal bailout fund to prop up the foundering Big Three.
Congress Eyes Big Three Automakers' Survival Plans (ABC News)
Big Three auto executives detail requests for $34 billion in government helpSource : ABC News (subscribe)
Congress eyes Big Three automakers' survival plans (AP)
AP - Detroit's Big Three auto executives have ditched their corporate jets for hybrid cars and replaced vague pleas for federal help with detailed requests for as much as $34 billion in their second crack at persuading Congress to throw their struggling companies a lifeline.
Automakers rush to finish plans for Congress
DETROIT/WASHINGTON (Reuters) - U.S. automakers rushed to submit restructuring plans demanded by Congress before lawmakers reopen debate on a $25 billion bailout the industry says it needs to survive.
Big Three automakers to submit plans to Congress (The Huffington Post)
WASHINGTON ? Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive. General Motors Corp., Ford Motor Co., and Chrysler LLC would refinance their companies' debt, cut executive pay, seek concessions from workers and find other...Source : The Huffington Post (subscribe)Explore : Business, Chrysler
Automakers rush to finish plans for Congress (Reuters)
Reuters - U.S. automakers rushed to submit restructuring plans demanded by Congress before lawmakers reopen debate on a $25 billion bailout the industry says it needs to survive.
Automakers to Submit Plan to Congress (Time)
The Big Three will propose to restructure their ailing companies and provide assurances a $25 billion bailout will help them survive. GM, Ford and Chrysler will vow to refinance their companies' debt, cut executive pay, seek concessions from workers and more.Source : Time (subscribe)Explore : Business, Chrysler
Big Three automakers to submit plans to Congress (kansascity.com)
Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive.Source : kansascity.com (subscribe)
Big Three automakers to submit plans to Congress (AP)
AP - Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive.
Automakers to spend weekend preparing to plead with Congress (STLtoday.com)
DETROIT ? A list of job cuts, shuttered factories, canceled bonuses and commitments to fuel-efficient cars won't be enough next week when U.S. automakers get another shot at persuading Congress to give them $25 billion in loans. Through the Thanksgiving weekend, teams will be tagging more meat to throw at skeptical lawmakers who vilified the automakers' top executives the last time they went to...Source : STLtoday.com (subscribe)Explore : Business, Chrysler
Congress expecting more sacrifices from automakers (AP)
AP - A list of job cuts, shuttered factories, canceled bonuses and commitments to fuel-efficient cars won't be enough next week when U.S. automakers get another shot to persuade Congress to give them $25 billion in loans. Through the Thanksgiving weekend, teams will be tagging more meat to throw at skeptical lawmakers who vilified the automakers' top executives the last time they went to Washington.
Congress wants business plan from automakers (AP)
AP - Congressional officials say Democratic leaders have decided to put off a bailout vote for the auto industry until December and will insist that the Big 3 first come up with a plan showing how the money would help transform their industry.
Automakers plead with Congress for billions
WASHINGTON (AP) _ Detroit's Big Three automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the national economy as well.
U.S. Congress asks Treasury to add automakers to $700B bailout (Leftlane)
The United States Congress today asked the Treasury Department to consider adding U.S. automakers to its $700 billion economic rescue plan. In a letter to Treasury Secretary Henry Paulson, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid called for a ?review of the feasibility? of providing ?temporary assistance to the automobile industry during [...]Source : Leftlane (subscribe)Explore : Cars
Some in Congress push for TARP Aid for Automakers (Calculated Risk)
From the WSJ: Pelosi, Reid Press for TARP Aid for Auto Industry House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid sent ... a letter to Treasury Secretary Henry Paulson urging him to assist the Big Three auto makers by considering broadening the $700 billion Troubled Asset Relief Program to help the troubled industry. ... Though the administration is reluctant to widen the program...Source : Calculated Risk (subscribe)Explore : Business Blogs, Harry Reid, Henry Paulson
Democratic Leaders In Congress Want Bush To Help Ailing Automakers (CityNews: Top Stories)
Treasury Department spokeswoman Brookly McLaughlin said the department is working on ways to most effectively uses the remaining dollars in the rescue to strengthen the financial system.DeSource : CityNews: Top Stories (subscribe)Explore : George W. Bush, Senate