chrysler corp
David Shepardson / Detroit News Washington BureauWASHINGTON -- President Bush on Friday approved up to $17.4 billion in short-term loans to prevent General Motors Corp. and Chrysler LLC from collapse, rejecting calls for bankruptcy but requiring the automakers to drastically cut costs and restructure by early next year.
Dec. 19 (Bloomberg) -- General Motors Corp. and Chrysler LLC will get $13.4 billion in emergency government loans in exchange for substantially restructuring their businesses, President George W. Bush announced.
General Motors Corp. and Chrysler LLC will get $13.4 billion in initial government loans to keep operating in exchange for a restructuring under a rescue plan announced by President George W. Bush. A bankruptcy is unlikely to work for the automakers at this time and can’t be allowed, Bush said at the White House.
General Motors Corp. and Chrysler LLC will get $13.4 billion in initial government loans to keep operating in exchange for a restructuring under a rescue plan announced by President George W. Bush.
Dec. 19 (Bloomberg) -- General Motors Corp. and Chrysler LLC will get $13.4 billion in government loans to keep operating in exchange for a restructuring under a rescue plan that President George W. Bush will announce this morning.
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chrysler corp
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chrysler corp
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