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The chiefs of Ford, General Motors and Chrysler have begged Congress for a $25 billion lifeline, warning of broader peril for the American economy if the auto industry is allowed to suffer. Despite their pleas, the new rescue...
WASHINGTON (Reuters) - U.S. auto executives warned Congress on Tuesday that their industry was teetering on the brink of disaster as they pleaded for a $25 billion (16 billion pounds) aid package despite political opposition to...
NEW YORK (Reuters) - U.S. car executives were set to take their case for a $25 billion (16 billion pound) industry bailout to the U.S. Congress on Tuesday as they hope to overcome political opposition from influential...
Ford ended 12 years in the driving seat at Mazda yesterday with the sale of a 20 per cent stake in the Japanese carmaker. The struggling American company, which has given warning that it could run out of cash by next April,...
The bosses of the three biggest US carmakers, Ford, GM and Chrysler, have asked Congress for a $25bn bail-out. GM chief executive Rick Wagoner said the firm needed a loan to span the "financial chasm" that had opened up....
Not long ago it was Leicester who monopolised the England squad while others struggled to get a look-in. That may still be true among the management - even the Australian-reared attack coach, Brian Smith, used to play for the...
