government loans

Chrysler Stops Hemorrhaging Money

Donklephant  Thu, 04/22/2010 - 9:11pm

And they could break even this year.

So while they won’t be paying back the government loans as soon as GM, they’re still on track to meet their obligations in the future.



 

UAW Mad: GM May Import Cars From China

NPR Programs: Morning Edition  Thu, 05/14/2009 - 6:08am

According to news reports, General Motors plans to import Chinese-made vehicles to the U.S. The company will neither confirm nor deny the reports.

With GM dependent on government loans, the UAW describes GM's plan to import cars as "using taxpayer money to subsidize U.S. job losses."

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