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Tuesday November 24, 2009
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Auto Companies, Bailout News is an EIN News Service for automotive industry professionals. Constantly updated news and information about automotive.
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Latest Auto Companies, Bailout News

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  • GM calls on European states to back &Euro;3.3bn bailout 24 Nov 2009 05:34 GMT
    ... GM calls on European states to back &Euro;3.3bn bailout GENERAL Motors (GM) yesterday asked European governments ... percent to 25 percent of GM Europe's car making capacity, which would likely shed thousands of ...

  • Strong banks, weak credit: U.S. rethinks bailout 24 Nov 2009 06:43 GMT
    ... with little hope of repaying taxpayers. Add to that the money injected into the auto industry, AIG and a $50 billion mortgage assistance program, and Economy.com estimates taxpayers could be ...

  • U.S. rethinks bailout 24 Nov 2009 06:55 GMT
    ... with little hope of repaying taxpayers. Add to that the money injected into the auto industry, AIG and a $50 billion mortgage assistance program, and Economy.com estimates taxpayers could be ...

  • Audit hints BI concealed extent of Century disasters 24 Nov 2009 05:13 GMT
    ... Audit hints BI concealed extent of Century disasters , ... submitting the audit into the Bank Century bailout fiasco to lawmakers. “In its treatment of ... early 2005 after its capital adequacy ratio (CAR) plunged to negative 132 percent, from the minimum ...

  • Audit board investigation not focused on Bank Century funds 24 Nov 2009 05:11 GMT
    ... Audit board investigation not focused on Bank Century funds ... on the flows of the much criticized bailout funds amounting to Rp6.7 trillion. "Actually, the ... only to meet its capital adequacy ratio (CAR) requirement but also its need for increased liquidity. ...

  • The War on Success 24 Nov 2009 08:53 GMT
    ... The latest battle in the administration’s war against success ... its heavy hand on banks, mortgage lenders, automobile manufacturers, and insurance companies. It intends to ... They hunger to control the choice of car we drive and the carbon footprint we ...

  • A Tale of Two Bankruptcies: The Bitter End, or A New Beginning? 24 Nov 2009 10:37 GMT
    ... detonated on Wall Street in September 2008, the shockwaves ... new Cadillac along with tabs showing new car deals, financing options and an explanation of ... will produce that four or five million cars each year? It’s not like someone can ...

  • GM looks to EU for help with Opel 24 Nov 2009 04:32 GMT
    ... GM looks to EU for help with Opel General Motors ... plays a key role in GM's global vehicle development process. GM is not barred from ... chief operating officer of Daimler AG's Mercedes Car Group, was a leading candidate to replace Carl-Peter ...

  • South Korea looks to push free-trade pact 24 Nov 2009 05:32 GMT
    ... the ones who need persuading. The U.S. auto industry does, specifically , and their mostly Democratic ... U.S. taxpayers lost $298 million in government bailout funds when San Francisco's Not to mention ...

  • S. Korea's free-trade pitch 24 Nov 2009 06:51 GMT
    ... the ones who need persuading. The U.S. auto industry does, specifically , and their mostly Democratic ... U.S. taxpayers lost $298 million in government bailout funds when San Francisco's Not to mention ...

  • Political notebook : 'Rumpled' Grijalva credited with reviving public option 24 Nov 2009 04:33 GMT
    ... her painted as a Pelosi liberal. She didn't like Cash for Clunkers or the auto bailout and was one of a dozen Dems to oppose a resolution disapproving of U.S. ...

  • Tim Dunkin Conservatism IS compassionate -- when it doesn't try to be 24 Nov 2009 01:01 GMT
    ... - when it doesn't try to be George W. ... on your perspective) "Southern strategy" provided a vehicle for fusionism. Though this strategy is often ... started the ball rolling for the massive bailout-induced debt and government intrusion into the private ...

  • Australia: The second anniversary of the Rudd Labor government: appearance and reality 24 Nov 2009 09:04 GMT
    ... Australia: The second anniversary of the Rudd Labor ... with big business. Workers at the Holden car plant in Elizabeth, South Australia have been forced, ... plunged the budget into deficit through its bailout and stimulus measures, the government is drawing ...

  • GM's Phony Bailout Repayment 23 Nov 2009 20:33 GMT
    ... end of the government’s involvement in the auto industry, a number of key considerations were left ... to work, GM has to sell more cars or sell cars at a higher average ... move because the world is awash in automotive productive capacity. However, massive bailouts only distort ...

  • Tiahrt Seeks to Strip Treasury Sec. Geithner's Authority to Administer Bailout Funds 23 Nov 2009 20:56 GMT
    ... commonly referred to as the Wall Street bailout program. All unobligated TARP funds remaining after ... the federal government bailout Wall Street, the auto industry and insurance companies among others. And Democrats ...


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