Domestic Automobile Industry, CEO Panel
Automobile industry executives testified on the challenges facing the domestic automobile industry and their request…
Automotive Industry Assistance, Auto Executives
2008-11-20T03:27:14-05:00https://images.c-span.org/Files/3c7/282476-m.jpgAutomobile 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.Automobile industry executives testified about the financial state of the industry and their request for $25 billion in emergency federal… read more
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 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
People in this video
- Joe Baca Chair Congressional Hispanic Caucus Institute->Board of Directors
- Vernon J. Ehlers U.S. Representative [R] Michigan
- Ron Gettelfinger President UAW
- Peter Hoekstra U.S. Representative [R] Michigan
- Dale E. Kildee U.S. Representative [D] Michigan
- Carolyn Cheeks Kilpatrick U.S. Representative [D] Michigan
- Carl Levin U.S. Senator [D] Michigan
- Sander Levin U.S. Representative [D] Michigan
- James McElya Chairman and CEO Cooper-Standard Automotive
- Candice Miller U.S. Representative [R] Michigan
- Alan Mulally President and CEO Ford Motor Company
- Robert L. Nardelli Chairman and CEO Chrysler Corporation
- Fred Upton U.S. Representative [R] Michigan
- G. "Rick" Richard Wagoner Jr. Chairman and CEO General Motors
- Gary Ackerman U.S. Representative [D] New York
- Michele M. Bachmann U.S. Representative [R] Minnesota
- Spencer Bachus U.S. Representative [R] Alabama
- Judy Biggert U.S. Representative [R] Illinois
- John Campbell U.S. Representative [R] California
- Shelley Moore Capito U.S. Representative [R] West Virginia
- Michael Capuano U.S. Representative [D] Massachusetts
- Michael N. Castle U.S. Representative [R] Delaware
- William Lacy Clay Jr. U.S. Representative [D] Missouri
- Emanuel Cleaver II U.S. Representative [D] Missouri
- Joe Donnelly U.S. Representative [D] Indiana
- Barney Frank U.S. Representative [D] Massachusetts
- Al Green U.S. Representative [D] Texas
- Jeb Hensarling U.S. Representative [R] Texas
- Walter B. Jones Jr. U.S. Representative [R] North Carolina
- Paul E. Kanjorski U.S. Representative [D] Pennsylvania
- Stephen F. Lynch U.S. Representative [D] Massachusetts
- Carolyn Maloney U.S. Representative [D] New York
- Don Manzullo U.S. Representative [R] Illinois
- Thad McCotter U.S. Representative [R] Michigan
- Patrick McHenry U.S. Representative [R] North Carolina
- Gregory Meeks U.S. Representative [D] New York
- Brad Miller U.S. Representative [D] North Carolina
- Dennis Moore U.S. Representative [D] Kansas
- Randy Neugebauer U.S. Representative [R] Texas
- Ed Perlmutter U.S. Representative [D] Colorado
- Peter Roskam U.S. Representative [R] Illinois
- David Scott U.S. Representative [D] Georgia
- Brad Sherman U.S. Representative [D] California
- Jackie Speier U.S. Representative [D] California
- Nydia M. Velázquez U.S. Representative [D] New York
- Maxine Waters U.S. Representative [D] California
- Mel Watt U.S. Representative [D] North Carolina
Hosting Organization
- House Financial Services CommitteeHouse Financial Services Committee
More Videos From
House Financial Services Committee
Related Video
-
-
Government Assistance to Automotive Industry
Automobile industry executives from Ford, Chrysler, and General Motors testified about their request for federal…
-
Government Assistance for Automotive Industry
A hearing was held on requests from Ford, Chrysler, and General Motors for federal financial assistance to the domestic…
-
White House Council on Automotive Communities and Workers
Administration officials, state leaders, and automobile industry representatives talked about the state of the…
User Created Clips from This Video
-
- 1 minute
- 24 views
-
- 1 minute
- 21 views
-
- 2 minutes
- 19 views
-
- 36 seconds
- 19 views