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Struggles with Auto Industry Bailout Dampen Los Angeles Auto Show

Posted by AskPatty - Automotive Advice for Women at Nov 21st, 2008 5:00pm

When leaders of the Automotive Big Three left Washington empty handed Wednesday night, it became clear that the industry's immediate future may now lie with the Bush administration, which has staunchly opposed using the Treasury Department's $700 billion financial bailout program to aid Detroit. Top Executives from General Motors, Ford, and Chrysler begged Congress for multi-billion-dollar loans, but fell under fire for ...


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