$14 Billion US bail out rejected
Last week top car companies MG and Chrysler went out to seek government help as the two giant car companies were facing bankruptcy with such a massive loss in sales. it’s said that MG alone were spending up to $2 billion a month, with out making enough to pay back what they were spending. The [...]
Top US car manufacturers beg for $34bn bail out
Not only is the British and European car manufacturers struggling to keep afloat, also in the US they are desperate to receive a government bail out, so desperate that top US car makers are offering to work annually for only $1 in an attempt to receive some government money. Top execs of big car companies [...]
