Auto talks expected next week

By Jeff Green | March 7, 2009, Saturday |

Print Edition

UNITED States president Barack Obama's chief auto advisers, Ronald Bloom and Steven Rattner, may travel to Detroit next week to meet executives at General Motors Corp and Chrysler LLC, people familiar with the matter said.

US Treasury officials Rattner and Bloom, advisers to Obama's auto task force, and Treasury Secretary Timothy Geithner, are among those reviewing the two auto makers' plans to keep US$17.4 billion in loans and borrow as much as US$21.6 billion more to survive. GM and Chrysler executives met the committee last week in Washington to discuss progress in restructuring.

The panel is considering GM and Chrysler plans and a request for US$18.5 billion to prop up auto-parts makers as part of the industry rescue.

Auto

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Auto talks expected next week

Email this to your friend