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REPORT: GM to get $5B, Chrysler $500M from gov't

Is General Motors about to get an additional $5 billlion from the Feds? Will Chrysler be getting another $500 million? The Detroit News seems to think so. Citing Obama Administration sources and a leaked 250-page government report, they say that those figures are accurate. The money will reportedly come in the form of short-term aid via the $700B Troubled Asset Relief Program (TARP). One group we know won't be taking any additional TARP money is Chrysler Financial, allegedly refusing an additional $750M over restrictions on executive ... Read more →

Deadline passes without word on critical GMAC bond-exchange vote Jonathon Ramsey

Paulson: Automaker aid won't come from financial bailout money Jeremy Korzeniewski

Some U.S. policymakers believe that the domestic auto industry needs a multi-billion $hot in the arm, but the sticking point seems to be where to find the funds. Rep. Barney Frank (D-Mass.) is ...

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REPORT: GM to get $5B, Chrysler $500M from gov't 8 months ago on Autoblog

Deadline passes without word on critical GMAC bond-exchange vote 12 months ago on Autoblog

GMAC, General Motors' finance arm, was granted bank holding status, but there is still no word on whether the bond buyback was successful. The deadline for GMAC to have converted enough of its bonds - said to be 75 percent - into $28 billion in liquidity was on Friday, December 26, at 11:59 p.m. In ...

Paulson: Automaker aid won't come from financial bailout money 1 year ago on Autoblog

Some U.S. policymakers believe that the domestic auto industry needs a multi-billion $hot in the arm, but the sticking point seems to be where to find the funds. Rep. Barney Frank (D-Mass.) is calling for a portion of the financial sector's $700 billion TARP buyout to be apportioned to Detroit, but ...

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Autoblog Podcast #158: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

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#	Blogger	Posts	Cmts
1	Jonathon Ramsey	108	0
2	Jeremy Korzeniewski	85	1
3	Chris Shunk	68	2
4	Jonny Lieberman	64	0
5	Noah Joseph	58	0
6	Sam Abuelsamid	51	0
7	Damon Lavrinc	46	1
8	Frank Filipponio	36	2
9	Sebastian Blanco	28	0
10	Dan Roth	25	8
11	Michael Harley	21	8
12	Chris Paukert	16	0
13	Drew Phillips	15	0
14	John Neff	14	0
15	Alex Nunez	8	7
16	John McElroy	2	0
17	Tim Stevens	1	1

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