big 3 bailout


Detroit 3 seeking $6.8 billion from Canadian government

What to do when you wanted $34 billion and Congress only gave you $15 billion? Try again, but this time go North young man. The Detroit 3 are now making a pitch to the Canadian legislature seeking an additional $6.8 billion from Canada where nearly 100,000 workers are employed in factories and dealerships bearing the Chrysler, General Motors or Ford name. General Motors of Canada has asked for $2.4 billion in loans, Chrysler Canada Inc. is looking for $1.6 billion and Ford wants a $2 billion line of credit on "stand-by" to be used "only if the ... Read more →

Jay Leno for, Jeremy Clarkson against Detroit 3 bailout John Neff

It's the battle of the big chins! (Who are we kidding, Leno would win that fight against anyone.) Two gentlemen who stand as giants in automotive culture have finally weighed in with their opinions ...

Autoblog Podcast #105 Dan Roth

If we keep this up, we're going to best our record of six in a row, or whatever it was. The Autoblog Podcast crew returns for Autoblog Podcast #105 with Chris, Sam, and Dan discussing a paltry sweep ...

OPINION: Stop arm-chair quarterbacking the auto industry John Neff

We'll be hearing more about the Detroit 3 in the mainstream media this week as their homework entitled "What I Would Do With My Share of $25 Billion in Government Loans" gets turned in to Congress. ...

Autoline on Autoblog with John McElroy John McElroy

Why I Still Support Those Boneheads at the Big Three What a week it was. Or maybe I should say, I can't believe how weak it was. The CEOs of the Big Three and the president of the UAW showed up in ...

Michael Moore mixed on Big 3 bailout 1 year ago on Autoblog

While there is definitely a huge rift between those who favor a Detroit bailout and those who would rather see the Big 3 fade away, you'd think that someone like Flint-native and documentary maker Michael Moore would be all in favor of helping the Big Three succeed. After all, Moore rose to fame for ...

Germans none to happy about U.S. aid to automakers 1 year ago on Autoblog

Matthias Wissmann, current head of the Verband Deutscher Automobilhersteller (VDA, or Association of the German Automotive Industry for us non-German speaking folks), is none too pleased with the passing of a $25 billion financing package for the Detroit automakers. Under the terms of the ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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