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WASHINGTON - U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive. Congressional analysts said one bailout plan under consideration would fall short of what the carmakers want.
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The Big 3 make another pitch - Miami Herald
WASHINGTON -- Detroit's Big Three automakers were humble, contrite and specific Thursday about why they need $34 billion in federal help quickly -- but their bid still faces an uncertain future in Congress. The executives, chastised by lawmakers last ...
GM chief says 'sorry' for tax cash plea - Belfast Telegraph
The chief executive of General Motors apologised for asking for US taxpayers' money today as the Big Three of the car industry prepared to plead with the Congress for more than £23 billion in loans. General Motors (GM), Chrysler and Ford were ...
Automakers face skeptics on aid plan - New Haven Register
WASHINGTON - U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive. Congressional analysts said one bailout plan under ...
Business Tech - CNET News
Patricia Sueltz has had her share of blunt bosses. At IBM, Sueltz was CEO Lou Gerstner's technical assistant during Big Blue's dramatic turnaround in the 1990s. After that, she ran the services division at Sun Microsystems for CEO Scott McNealy ...
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