21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even though it hasn’t received any money, American carmaker Ford welcomes the White House loan agreement and, just like General Motors, it explains that such a decision does nothing more than ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / President George W. Bush today issued a new statement related to the domestic automotive industry, informing that a potential solution to rescue the almost-collapsed Detroit 3 would be the use of TA...
5 May 2010, 09:45 UTC · By: Daniel Patrascu / The source of the money GM used to repay the US loan last month is no longer a secret. As the US Treasury admitted, the carmaker did nothing but take money from US' right pocket and put it into...
29 Apr 2010, 08:38 UTC · By: Daniel Patrascu / Last week, Republican senator Charles Grassley of Iowa stepped up and tampered the growing excitement over GM's 5-year-faster-than-expected loan repayment by saying the carmaker did nothing but...
23 Apr 2010, 14:19 UTC · By: Daniel Patrascu / As the recent repayment of the loans granted to GM last year causes both satisfaction and debate, each of the parties related to the American carmaker express their opinion on the matter and try to ...
23 Apr 2010, 07:38 UTC · By: Daniel Patrascu / The five-year-ahead-of-schedule repayment of the federal loans received by GM last year has stirred, aside from the official "we're very pleased" position adopted by government offici...
16 Dec 2009, 13:26 UTC · By: Daniel Patrascu / After earlier this month Gene Sperling, senior counsel to Treasury Secretary Timothy Geithner talked about the prospects of the US government to lose $30 billion out of the $82 billion pumped into t...
19 Jan 2009, 15:05 UTC · By: Bogdan Popa / US-based automaker Chrysler announced on January 16 that it has received access for up to $1.5 billion in loans from the US Department of Treasury's Troubled Asset Relief Program, also known as...