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GMAC Financial Services said last week it will get $3.79 billion in additional aid from the U.S. government, on top of the $12.5 billion already received since December 2008.

Tags: Gmac, GMAC Financial Services, Government Aid, U.S. government, United States, USD

GMAC Financial Services said today it will get $3.79 billion in additional aid from the U.S. government, on top of the $12.5 billion already received since December 2008.

Tags: Gmac, GMAC Financial Services, Government Aid, U.S. government, United States, USD

General Motors Co. will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the carmaker said it remains confident that Berlin will soften its current tough stance.

Tags: Berlin, Carmaker, General Motors, German government, Germany, Gm, Gm Europe, Government Aid, Government State, Jobs Germany, Opel, Opel General Motors Co.

General Motors Co. will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the carmaker said it remains confident that Berlin will soften its current tough stance.

Tags: Berlin, Carmaker, General Motors, German government, Gm, Gm Europe, Government Aid, Government State, Jobs Germany, Opel

General Motors Co. will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the carmaker said it remains confident that Berlin will soften its current tough stance.

Tags: Berlin, Carmaker, General Motors, German government, Germany, Gm, Gm Europe, Government Aid, Government State, Jobs Germany, Opel, Opel General Motors Co.

Billions of dollars in U.S. government aid is being funneled to manufacturers of the next generation of batteries for hybrid and electric vehicles. Most of those companies are still building their first factories.

Tags: Asian American, Batteries, Billions Of Dollars, Electric Vehicles, Factories, Goliaths, Government Aid, Loom, Next Generation, U.S. government, United States

Chrysler Group has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid.

Tags: Bankruptcy, Battery Powered Cars, Car Plans, Chrysler, Chrysler Car, Chrysler Group, Electric Car, electric car plans, Electric Vehicles, Fiat, Fiat Chrysler Group, Government Aid, Sales Targets, Showrooms

Chrysler Group has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid.

Tags: Bankruptcy, Battery Powered Cars, Car Plans, Chrysler, Chrysler Car, Chrysler Group, Electric Car, electric car plans, Electric Vehicles, Fiat, Fiat Chrysler Group, Government Aid, Sales Targets, Showrooms

General Motors Co. has no plans to request more government aid, CEO Fritz Henderson told the Washington Post on Wednesday.

Tags: Ceo, Fritz, Fritz Henderson, General Motors, General Motors Co., Gm, Government Aid, the Washington Post, Washington Post

Parts suppliers are continuing their fight for additional federal aid.

Tags: Government Aid, Strife

Toyota Motor Corp.

Tags: Government Aid, Green Car, New Car, Toyota, Toyota Motor, Toyota Motor Corp

Toyota Motor Corp.

Tags: Government Aid, Green Car, green car aid, New Car, Toyota, Toyota Motor, Toyota Motor Corp

U.S. auto suppliers, who negotiated federal loans earlier this year, plan to ask the Obama administration’s auto task force this week for $8 billion to $10 billion in loan guarantees, Bloomberg reported today.

Tags: Auto New, Auto Suppliers, Bloomberg, Federal Loans, Government Aid, Loan Guarantees, New Auto, Obama, Obama administration, Task Force, U S Auto, United States, USD

U.S. auto suppliers will be in dire need of up to $8 billion in emergency government aid over the next few months, particularly if General Motors enters bankruptcy, Michigan Governor Jennifer Granholm said today.

Tags: Auto Suppliers, Bankruptcy, Dire Need, Emergency Government, General Motors, Government Aid, Governor Jennifer Granholm, Jennifer Granholm, Michigan, Michigan Governor Jennifer Granholm, U S Auto, United States, USD

General Motors of Canada said it will inform its dealerships on Wednesday of which ones it will close as part of a plan to slash its retail network by nearly half, one of the steps necessary to qualify for long-term government aid.

Tags: Canada, General Motors, General Motors Of Canada, Gm, Gm Canada, Government Aid, Retail Network, Slash

General Motors and Chrysler LLC will each be given capital and time to accelerate their attempts to restructure and survive, according to a government aid plan set for release today.

Tags: Attempts, Ceo, Chrysler, Chrysler LLC, General Motors, Gm, Government Aid, Names

Chrysler LLC and the Canadian Auto Workers union are still “far apart” in negotiations to reach a cost-saving deal to help the company qualify for government aid, the head of the union said today.

Tags: Auto Workers Union, Canadian Auto, Canadian Auto Workers, Canadian Auto Workers Union, Chrysler, Chrysler LLC, Government Aid, Llc, Negotiations

President Barack Obama said today that struggling U.S. auto companies could expect “some” government aid if they commit to restructuring their businesses and that an announcement on the issue was coming soon.

Tags: Auto Companies, Automakers, Barack Obama, Government Aid, U S Auto, United States

President Barack Obama said today that struggling U.S. auto companies could expect “some” government aid if they commit to restructuring their businesses and that an announcement on the issue was coming soon.

Tags: Auto Companies, Automakers, Barack Obama, Government Aid, U S Auto, United States

President Barack Obama said today that struggling U.S. auto companies could expect “some” government aid if they commit to restructuring their businesses and that an announcement on the issue was coming soon.

Tags: Auto Companies, Automakers, Barack Obama, Government Aid, U S Auto, United States

Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.

Tags: Car Shoppers, Chrysler, Chrysler LLC, Consumer Attention, Focus, General Motors, Gm, Government Aid, Llc, New Car, U.S. government, United States

Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.

Tags: Car Shoppers, Chrysler, Chrysler Car, Chrysler LLC, Consumer Attention, General Motors, Gm, Gm Car, Government Aid, Llc, New Car, U.S. government, United States

Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.

Tags: Car Shoppers, Chrysler, Chrysler LLC, Consumer Attention, Focus, General Motors, Gm, Government Aid, Llc, New Car, U.S. government, United States

Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.

Tags: Car Shoppers, Chrysler, Chrysler LLC, Consumer Attention, Focus, General Motors, Gm, Government Aid, Llc, New Car, U.S. government, United States

Chrysler LLC said Wednesday it may close its plants in Canada unless it gets sufficient labor concessions as well as government aid and resolution of a tax dispute. “Failure to satisfactorily resolve these three factors …

Tags: Chrysler, Chrysler Canada, Concessions, Failure, Government Aid, Llc, Plant Closures, Plants, Tax Dispute