Tags: automakers, bailout, Brazil
GM Invests Bailout Money In Brazil: “It wouldn’t be logical to withdraw the investment from where we’re growing, and our goal is to protect investments in emerging markets.”
What about the market at home?
Tags: automakers, cars, Europe, recession
Even Porsche Has to Cut Employee Hours: “The number of cars sold fell 27% to 34,000 in the six-month period. Porsche said it would reduce hours as a result…“
Tags: automakers, bailout, Canada
Canadians Bail Out Carmakers: “the governments of Canada and its Ontario province offered the industry 4 billion Canadian dollars in emergency loans on Saturday.”