Citigroup to Manage the $5 Billion Auto Suppliers Aid
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...
GM, Chrysler to Receive More Aid
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...
Washington: We Will Help Auto Suppliers
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...
Linamar CEO Asks for Government Aid for Auto Suppliers
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...