Posts by Tag: Bailout»

Automotive

Big 3 Auto Bailout Rejected in Senate
Dec 12, 2008 ΞComments Off on Big 3 Auto Bailout Rejected in Senate

Big 3 Auto Bailout Rejected in Senate

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Late Thursday the U.S. Senate rejected the emergency bailout bill that would have provided upwards of $14 Billion to the Big 3 Detroit automakers. Many were hopeful of that was  Full Article »

Automotive

Breaking: It is Official – U.S. House Passes Big 3 Automakers Bailout Package of $14B
Dec 10, 2008 ΞComments Off on Breaking: It is Official – U.S. House Passes Big 3 Automakers Bailout Package of $14B

Breaking: It is Official – U.S. House Passes Big 3 Automakers Bailout Package of $14B

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The Bailout for the Big 3 Automakers has made it through the U.S. House totaling $14 Billion. Not quite the original amounts of $25 Billion or even the $34 Billion  Full Article »

Automotive

Saturn Owners to GM: “Please Don’t Leave Us”

Saturn Owners to GM: “Please Don’t Leave Us”

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The Saturn nameplate use to be known as a type of automotive brotherhood when it comes to its loyal owners. Lately many Saturn owners have expressed their opposition of GM  Full Article »

Automotive

Big 3 Automakers May Get $15B Bailout
Dec 8, 2008 ΞComments Off on Big 3 Automakers May Get $15B Bailout

Big 3 Automakers May Get $15B Bailout

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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  Full Article »

Automotive

Rick Wagoner Bringing Chevy Volt to D.C.
Dec 4, 2008 ΞComments Off on Rick Wagoner Bringing Chevy Volt to D.C.

Rick Wagoner Bringing Chevy Volt to D.C.

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Rest assured, you will see plenty of images and press talk on Rick Wagoner’s trip to D.C. Today because he will be driving a Chevy Cruze with components from the  Full Article »

Automotive

Work For $1 a year: Ford CEO Offers to work for $1
Dec 2, 2008 ΞComments Off on Work For $1 a year: Ford CEO Offers to work for $1

Work For $1 a year: Ford CEO Offers to work for $1

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President and CEO of the Ford Motor Co., Alan Mulally, says he will work for $1 a year if they have to take from the government loan money. In addition,  Full Article »

Automotive

Ford Jump-Starts Bailout Proceedings Explaining a Restoration of Profits in 2011
Dec 2, 2008 ΞComments Off on Ford Jump-Starts Bailout Proceedings Explaining a Restoration of Profits in 2011

Ford Jump-Starts Bailout Proceedings Explaining a Restoration of Profits in 2011

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Just released today by Automotive News, the Ford Motor Co. says that it does not expect to make money until 2011. At that time it seems Ford would be able  Full Article »

Automotive

Bailout or Bust: GM Reaches Out For Aid Through YouTube
Nov 17, 2008 ΞComments Off on Bailout or Bust: GM Reaches Out For Aid Through YouTube

Bailout or Bust: GM Reaches Out For Aid Through YouTube

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Bottom line from the US Automakers: Pay $25 billion now or risk over $150 billion with millions of jobs lost later if nothing is done. Pretty serious if you ask  Full Article »

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