Obama Grants Short Term Aid To GM And Chrysler

Obama Grants Short Term Aid To GM And Chrysler

US President Barack Obama has announced that the US Federal Government will supply further aid to General Motors and Chrysler.

The news comes hot on the heels of the US government’s announcement that it would determine an official deadline for carmakers seeking additional Federal aid.

At the least, President Obama’s latest announcment that Treasury purse strings will be [...]

Survey Says Majority Of Americans Oppose Further Financial Aid For GM And Chrysler

Survey Says Majority Of Americans Oppose Further Financial Aid For GM And Chrysler

Details of a survey released by polling group R.L. Polk has revealed that 61 percent of Americans would object to the US Government offering further financial aid to floundering carmakers GM and Chrysler.

The number against might have been higher if not for the states in the Great Lakes region of the US being so closely [...]

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