Breaking news House passes auto aid

[Venomiss]

CLICK HERE TO OPEN THIS NEWSLETTER IN A WEB BROWSER​

You must be registered for see images attach

December 10, 2008

You must be registered for see images attach

EVENTS

You must be registered for see images attach

WEBINARS

You must be registered for see images attach

You must be registered for see images

You must be registered for see images

U.S. House passes auto aid
Next up: Senate, where prospect is less certain


Harry Stoffer

WASHINGTON -- The House of Representatives approved emergency U.S. aid for Detroit's automakers, setting up a showdown in the Senate where prospects for passage are less certain.
The legislation would provide an immediate $14 billion in loans to prevent the collapse of General Motors and Chrysler LLC and set the stage for government stakes in automakers and Washington-directed restructurings.
The Wednesday night House vote, 237-170 in favor, was expected.
"We are hastily reacting to very fast-moving events," said Rep. Barney Frank, D-Mass., at the outset of the House debate.​

You must be registered for see images

story

​

​

You must be registered for see images

​

EVENTS​

WEBINARS​

JOB LISTINGS​

You must be registered for see images attach

January 19-22, 2009
Detroit, Michigan

A World of Opportunity: Global Strategies for Challenging Times

Plan now to be an important part of the one event that gives you access to the most influential and powerful automotive industry leaders from around the globe. The reward for your attendance will be a better understanding of what it takes to compete and succeed in today's challenging automotive marketplace.

Register today to secure your $200 savings at autonews.com/worldcongress

Exclusive Lead Sponsors: PricewaterhouseCoopers & IBM

Details and Registration

You must be registered for see images attach

June 8-10, 2009 Renaissance Ross Bridge Golf Resort & Spa Birmingham, Alabama

The Art of the Flexible: Production Strategies in Turbulent Times

Learn how automotive manufacturers and suppliers are managing change in these tumultuous times at the Automotive News Manufacturing Conference.

As dramatic changes in the auto industry have forced carmakers to rethink their manufacturing strategies, a new landscape is emerging with the industry moving at lightning speed. Never before has the concept of flexible manufacturing meant so much. A panel discussion on the topic "Rapid Response: Adapting Production to Meet Shifting Customer Demands" will look specifically at how carmakers and suppliers are adjusting their factories to keep up with the changing consumer.
​

​

 

[Kevan]

I thought Barney Frank was in jail/prison....

Any other industries that want a band-aid for the compound fracture of their financial femur?

 

[Sellshomesdrivesviper]

House passes though the senate vote is the important vote, without it, the house means nothing, but it must pass the house to get to the senate. I think its 60-votes out of 100.

 

[dave6666]

House passes though the senate vote is the important vote, without it, the house means nothing, but it must pass the house to get to the senate. I think its 60-votes out of 100.

I'm good for it. Make that 61 out of 101 and I'll be there by Tuesday.

 

[Marv S]

carb and cafe nudges no longer necessary, Government will finally get the final decision on what vehicles the USA develops and produces.

 

[Sellshomesdrivesviper]

carb and cafe nudges no longer necessary, Government will finally get the final decision on what vehicles the USA develops and produces.

Thats scary to think the gov't should have a say so on what is developed and produced by the formerly known as the Big 3.