Bailout Part II: Auto Suppliers Now Lining Up To Ask For At Least $10 Billion In Aid

Bailout Part II:  Auto Suppliers Now Lining Up To Ask For At Least $10 Billion In Aid
Auto suppliers are meeting with the Obama auto task force today, seeking up to another $10 billion in emergency aid.

But administration officials haven't changed the view on additional aid to the struggling parts industry.

"The aid provided to suppliers in March addressed only a finite set of issues," said Bob McKenna, president and CEO of the Motor Equipment & Manufacturers Association, which is scheduled to meet with the task force at 5 p.m. today. "The crisis suppliers are facing has only grown worse since that time, and the industry remains on the verge of collapse."


AutoSpies.com Photo Galleries

If you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to
Mobile@AutoSpies.com

Share on Facebook


Read Article

pennfootballpennfootball - 6/10/2009 3:56:09 PM
-1 Boost
no one cares


LexusLexus - 6/10/2009 5:24:41 PM
0 Boost
You got to be kidding me right? So where is my and the rest to the hard working U.S. Citizen bailout?

I got a better idea give all legal working adults in America that pay taxes a $1 millions dollar. That would stimulus the U.S. economy for Sure = )


thstonethstone - 6/10/2009 5:38:00 PM
-1 Boost
The root problem with a socialist government is that eventually you run out of other people's money.


KZ258KZ258 - 6/11/2009 4:49:12 PM
0 Boost
yep, this is only encouraging me to do tax fraud in the future. many cookred lawyers, engineers, doctors, and entrepreneurs are doing it and are saving thousands and thousands.


Copyright 2026 AutoSpies.com, LLC