Auto Industry Bailout, Bailouts | featured news

GM: Bankruptcy or More Aid

GM's viability plan will offer the U.S. a choice to commit billions more in bailout money or provide financial backing as part of a bankruptcy filing.

 

Ford's Woes Deepen As Pension Plan Falls $4 Billion Short

Ford Motor Co. may have to contribute $4 billion to its pension plan after a 2008 shortfall, a cash drain that risks dragging the second-largest U.S. automaker closer to a federal bailout.

 

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