Automotive Industry Assistance, Auto Executives

Automobile industry executives testified about the financial state of the industry and their request for $25 billion in emergency federal… read more

Automobile industry executives testified about the financial state of the industry and their request for $25 billion in emergency federal aid to avoid collapse. Some automakers said they might run out of money by the end of the year and said that they were not in financial difficulty due to management mistakes, but the weak economy and the inability of consumers to obtain credit to buy cars. Several committee members questioned the executives' dedication to reform and cost-cutting, noting that they had traveled to Washington on expensive corporate airplanes. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Joe Baca Chair Congressional Hispanic Caucus Institute->Board of Directors
  • Vernon J. Ehlers U.S. Representative [R] Michigan
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House Financial Services Committee

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Automotive Industry Assistance, Auto Executives

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Program ID:
282476-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Nov 19, 2008
Last Aired:
Nov 21, 2008

Airing Details

  • Nov 19, 2008 | 10:56pm EST | C-SPAN 1
  • Nov 20, 2008 | 3:27am EST | C-SPAN 2
  • Nov 21, 2008 | 12:24pm EST | C-SPAN 3
  • Nov 21, 2008 | 8:01pm EST | C-SPAN 2
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