Government Assistance for Automotive Industry

A hearing was held on requests from Ford, Chrysler, and General Motors for federal financial assistance to the domestic automotive… read more

A hearing was held on requests from Ford, Chrysler, and General Motors for federal financial assistance to the domestic automotive industry. Executives from the auto companies requested a total of $34 billion in aid, an increase from the previous request of $25 billion which was rejected by congressional leaders without a plan to revitalize the industry. Mr. Dorado focused on ways to establish proper oversight of any loans made to the companies, as well as setting standards for management decisions. He was followed by automobile company executives and union leaders who testified about their proposals, the state of the auto industry, and the potential impact on the economy of the failure of the industry. close

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

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Government Assistance for Automotive Industry

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Program ID:
282677-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Dec 4, 2008
Last Aired:
Dec 7, 2008

Airing Details

  • Dec 04, 2008 | 10:03am EST | C-SPAN 1
  • Dec 04, 2008 | 4:35pm EST | C-SPAN 1
  • Dec 04, 2008 | 7:15pm EST | C-SPAN 1
  • Dec 04, 2008 | 8:05pm EST | C-SPAN 1
  • Dec 04, 2008 | 11:50pm EST | C-SPAN 1
  • Dec 05, 2008 | 5:45am EST | C-SPAN 1
  • Dec 07, 2008 | 10:34am EST | C-SPAN 1
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