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Big 3 Automakers May Get $15B Bailout

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Filed under Automotive, Chrysler, Ford, GM, News

It seems to be “very likely” that congress will reach a deal to loan the big 3 automakers a total of $15 Billion. That figure is much less than the original $25 Billion and even the $34 Billion that they recently asked for. Details and total size of the package have not been finalized but we look for an answer after the vote Tuesday of this week.

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