27 Mar 2009, 11:55 UTC · By: Daniel Patrascu / As we already told you, the US government approved at the end of last week a $5 billion aid package to support the struggling auto suppliers. Rumors surfaced claiming the one who will take charge of...
26 Mar 2009, 10:42 UTC · By: Daniel Patrascu / Things are looking good for the two American manufacturers, as the March 31st deadline draws ever closer. Both GM and Chrysler are likely to get a green light to receive supplemental aid, as Obama a...
26 Feb 2009, 14:20 UTC · By: Madalina Iancu / After they begged at the doors of Washington for quite a while, the Treasury Department is seriously considering to offer government help to struggling auto suppliers. According to the Detroit Ne...
21 Jan 2009, 11:57 UTC · By: Madalina Iancu / Following up a logical chain, since the current financial crisis is affecting automakers across the world, it's no wonder that these terrible economic conditions have an impact on auto-parts ma...