Update on GM & ChryslerThe Detroit News obtained a leaked 250-page government report from the Obama administration, which details plans for $500M USD in aid for Chrysler and $5B USD in similar aid for GM.
The government was supposed to stop funding Chrysler on April 30th if they didn't merge with Fiat and cut down on their debt. It doesn't look like it is the case anymore.
Chrysler employs 9,400 people in Canada, 8,000 of which are CAW members. Chrysler has threatened to leave Canada if a deal is not reached, and additionally if the Canadian government does not provide it with more bailout aid.
I'm not too sure what the board members are thinking when they made a threat like that given that the company is ready to go bankrupt.
More in the link here: [link]
Feel free to repost this journal if you want to spread the word. But you don't really need me to tell you that, right, eh?
Thanks so much for the fave :3
Greatly appreciated
--
Well butter my butt and call me a biscuit!
--
jamesleejulier.com [link]
--
Please visit my art account!
:iconhyokenseisou:
Also, my website! [link]
Would you like to be a watcher?
--
"The living beauty of nature cannot be copied, it can only be expressed."
Piet Mondrian
`````````````````
"Cool! Look! A Manatee fart!"
Chris Krat from Kratts' Creatures
--
"The living beauty of nature cannot be copied, it can only be expressed."
Piet Mondrian
`````````````````
"Cool! Look! A Manatee fart!"
Chris Krat from Kratts' Creatures
Previous Page12345...Next Page