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The U.S. Senate voted and strongly opposed any source of government assistance through a bailout bridge loan (originally worth $14 billion in emergency aid) which was aimed toward helping the struggling Big Three automakers financially, despite strong support from President George W. Bush and President-elect Barack Obama, along with some mild ...
"Any bailout of the auto industry is really a bailout for the health benefits of the UAW. That's all it is." [48] Opponents of a bailout believe that the automakers' problems could be more efficiently resolved by a bankruptcy court with legal power to dissolve existing contracts, shedding costs, and debts that it can no longer afford.
CNN analyzed how international assistance to Ukraine stacks up.
Hyundai-Kia continued its rapid success in 2009, when only a year after overtaking Honda, it surpassed Ford Motor as the world's 4th largest automaker. [26] Hyundai-Kia's continued success was unusual at a time when most automakers saw their sales falling sharply, with leading automaker GM even filing for bankruptcy. Hyundai-Kia took ...
Automakers are fearful of being tagged as seeking a new government bailout so soon after the 2009 government-funded auto restructurings. Detroit has not sought industry-specific assistance ...
Ukraine, it turns out, supplies a lot of wiring harnesses, and now the launch of the Europe-market VW ID.5 EV (pictured above) is delayed because of a shortage.
Most car production in Ukraine now involves assembly of European, Korean and Chinese brands. In April 2018 the Ukrainian carmakers association UkrAutoProm stated that the automotive industry in Ukraine worked at only 2% of their capacity, while the output of motor vehicles was nearly 98% less than that in March 2008. [1]
USA TODAY, Oct. 21, 2020: "Fact check: Biden leveraged $1B in aid to Ukraine to oust corrupt prosecutor, not to help his son" National File, Nov. 15, 2019: "BREAKING: Nancy Pelosi’s Son Was Exec ...