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Ackerman says he wants to see plans for efficient, enviro-friendly vehicles before he'll back $25B bailout to struggling automakers
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U.S. senators grill auto CEOs, GM-Chrysler deal eyed - Reuters India
WASHINGTON (Reuters) - The chief executives of General Motors Corp and Chrysler LLC said they would consider restarting merger talks if needed to win their slice of up to $34 billion in emergency U.S. government aid. "I would be very willing to look ...
Automakers pitch Congress anew - Kokomo Tribune
WASHINGTON -- Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion rescue package, but heard fresh skepticism in a bumpy encore appearance. "We made mistakes, which we're learning from," General Motors chief executive ...
Humbled automakers find Congress still skeptical about multibillion ... - Minneapolis Star Tribune
I can't wait for the next election to vote out of office my congressman or Senator who votes for this boondoggle. They should be made to ? read more pay the only way they understand. Loss of power and the privileges that come with it should they ...
Big Three plead for $34B from Congress - CNN Money
NEW YORK (CNNMoney.com) -- The CEOs of the leading automakers were back before Congress Thursday, arguing for a larger bailout than they asked for just two weeks ago, and hoping to undo the damage they did to their case at the earlier hearings. The ...
Big 3 Face Tough Questions, Skepticism On Hill - CBS 4 South Florida
WASHINGTON (CBS News) ? 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. After the six-hour hearing before the Senate ...
Rep. Ackerman warns carmakers to come with a plan this time - Newsday
WASHINGTON - An outraged Rep. Gary Ackerman (D-Roslyn Heights) scolded auto executives last month when they arrived here on expensive private jets begging for federal aid. And if Detroit's Big Three want a better reception this week, when they're ...
Big 3's Plea For Funds: Success Unlikely - San Francisco Gate
12-04) 17:42 PST Washington - -- With time fast running out, Congress and the Bush administration will wrestle again today over whether to loan $34 billion to Detroit automakers, even after senators heard grim warnings that their failures could cost ...
Analysis: Word of recession may boost Obama's plan - CNN Money
NEW YORK (Associated Press) - When recessions officially begin and end may not mean much to consumers feeling harsh economic pain. But now that the "R" word is official, President-elect Barack Obama may find it easier to power his economic agenda ...
Big 3 beg for $34 billion from Congress - Chicago Sun-Times
WASHINGTON ? Desperate U.S. automakers ran into fresh obstacles from skeptical lawmakers Thursday as they appealed with rising urgency ? and a new dose of humility ? for a $34 billion bailout. With lawmakers in both parties pressing the ...
Automakers try to sell plan to Congress - The Washington Times
Chrysler Chief Executive Officer Robert Nardelli, right, talks with UAW President Ron Gettelfinger, second from right, on Capitol Hill in Washington, Thursday, Dec. 4, 2008, prior to the start of a Senate Banking Committee hearing. General Motors ...
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