senate plans auto industry bailout debatesenate democratic leaders plan monday to take up legislation providing $25 billion in assistance to the struggling domestic auto industry, a spokeswoman said friday.auto industry girds for more weak salesnew york -- the auto industry is preparing to report yet another month of rapidly slowing sales -- possibly the worst in decades -- as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships.in 2007 csm predicted the 2008 auto industry collapse and no one listened! why? - here's What They Say About 2009 - It ...i'm sure that at least one of the Big Three's high priced economist types, who gets(got) paid the big bucks from the now "Smaller Detroit Three" attended last year's presentation as did our reporters...so how come the collapse of the auto industry seems to have come as a surprise to auto executives whose responsibility it is to manage their companies and are paid very handsomely for the ...auto bailout talks collapse as senate deadlocks over wagesan eleventh-hour effort to salvage a proposed $14 billion rescue plan for the auto industry collapsed late last night as republicans and democrats failed to agree on the timing of deep wage cuts for union workers, killing the legislative plan and threatening america's carmakers with bankruptcy. |
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