← Back to: "US Gives $5 Billion to Auto Suppliers"
US suppliers will get much needed aid
"The other side of the coin most seem to have neglected in the automotive industry drama is the story of the auto parts suppliers. The Obama administration has taken note of this fact and will provide this segment of the industry with a $5 billion aid, msnbc.com reported. The aid will come from the US Treasury Department in the form of government guaranties to ensure auto suppliers will receive payments for products they ship, no matter what comes of the parts recipients. ..." Continue Reading →
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