|
Auto bailout plan hits $34B
Dec 04, 2008
Executives from the beleaguered U.S. auto industry are driving into the nation's capital with their hands out for $34 billion in government aid.
General Motors is looking for $18 billion in government loans and credit loans, Ford wants $9 billion, and Chrysler wants $7 billion in assistance as execs testify before Congress for the second time on Thursday.
--Reuters
Duration: 1 min 30 sec
|