bama Sets New Deadlines for Auto Restructuring
The News Review:
- bama Sets New Deadlines for Auto Restructuring
- Veteran Henderson Will Take Reins of Auto Maker
- WRLD FREX: Yen Up Broadly As Safe Haven n US Auto Woes
- REFILE-TREASURIES-Rise in Asia as US autos news batters stocks
- S Korea Shares End Down; Bks Autos Fall n US Carmaker Woes
bama Sets New Deadlines for Auto Restructuring
FXNews
Monday in the White House’s foyer. In an interview with CBS’ “Face the Nation” broadcast Sunday bama said the companies must do more to receive additional financial aid from the government. “We think we can have a successful U. But it’s got to be one that’s realistically designed to weather this storm and to emerge — at the other end — much more lean mean and competitive than it currently is” bama said. Instead the administration has decided to give Chrysler 30 days to work out a deal with Fiat and GM 60 days to come up with a new restructuring plan.
Veteran Henderson Will Take Reins of Auto Maker
Wall Street Journal
–>Veteran Henderson Will Take Reins of Auto Maker ArticleCommentsmore in. Chief perating fficer Frederick “Fritz” Henderson has been one of the auto maker’s top troubleshooters for nearly a decade tackling overhauls at one sick GM unit after another. Henderson will face the job of trying to salvage the whole company. Henderson 50 years old will take over as GM’s chief executive officer as early as Monday following the forced resignation of Chairman and CE Rick Wagoner 56.
WRLD FREX: Yen Up Broadly As Safe Haven n US Auto Woes
Wall Street Journal
and Chrysler LLC to go bankrupt. After news emerged around 0400 GMT that the White House will give failing marks to GM and Chrysler’s restructuring plans the dollar fell more than half a yen.
Related from Liquidityx: WRLD FREX: Yen Up Broadly As Safe Haven n US Auto Woes
REFILE-TREASURIES-Rise in Asia as US autos news batters stocks
Reuters
N) and Chrysler rejected their turnaroundplans and warned both could be put through bankruptcy to slashdebts. The announcement by the White House autos panel marked astunning reversal for management at both automakers who had beton a softer line and sent stock markets in the region as well asU. equity futures sharply lower. [ID:nN30310350][ID:nN30265281] In response to the U.
S Korea Shares End Down; Bks Autos Fall n US Carmaker Woes
Wall Street Journal
–>S Korea Shares End Down; Bks Autos Fall n US Carmaker Woes ArticleCommentsmore in. 2% Monday led by a sharp pullback in banks and car makers due to renewed uncertainties over plans to save the U. The Korea Composite Stock Price Index or Kospi lost 40.
Written by admin on March 30th, 2009 with
no comments.
Read more articles on News.