This is a print on demand edition of a hard to find publication. In 12/08, Pres. George W. Bush provided financial assistance to GM and Chrysler -- $13.4 billion to GM and $4 billion to Chrysler from the Troubled Assets Relief Program (TARP). Ford did not need such assistance immediately but might require a line of credit in 2009. A further $6 billion was loaned to GM Acceptance Corp. (GMAC), and $1.5 billion to Chrysler Financial, the two manufacturersAi respective credit affiliates. Contents of this report: Intro.; Auto Industry Loan Develop. in 12/08; Impact on the National Economy; The Domestic Motor Vehicle Market; Financial Issues in the Auto Industry; Financial Solutions: Bridge Loans and Restructuring; Pension and Health Care Issues; Stipulations and Conditions on TARP Loans to the Auto Industry.U.S. Motor Vehicle Sales Passenger Cars and Light Trucks 20 10 15 5 2000 2001 2002 2003 2004 2005 2006 2007 ... in aunits, a which means, for example, that an expensive Cadillac Escalade counts the same as an inexpensive Kia Rio.
|Title||:||U. S. Motor Vehicle Industry|
|Publisher||:||DIANE Publishing - 2011-01|