WASHINGTON, Dec. 23 (UPI) -- The bailout of the U.S. auto industry arranged by the Bush administration is the best possible given Congress's failure to act, a spokesman said Tuesday.
DETROIT, Dec. 12 (UPI) -- Chrysler LLC Chairman Robert Nardelli Friday urged employees to contact the White House to urge approval of a rescue package for the U.S. auto industry.
WASHINGTON, Nov. 12 (UPI) -- The bailout package is for the financial industry, not the U.S. auto industry, despite its importance to the economy, Treasury Secretary Henry Paulson said.
WASHINGTON, Nov. 10 (UPI) -- U.S. President-elect Barack Obama urged President George Bush Monday to support financial aid for carmakers, sources said after the two met at the White House.
WASHINGTON, Sept. 24 (UPI) -- U.S. President George W. Bush said the nation's economy would suffer catastrophic effects if Congress fails to pass a bailout of the financial industry.
WASHINGTON, Sept. 20 (UPI) -- Billions of dollars in loans slated for U.S. automakers seem likely to go through as Congress moves to bail out the banking industry, industry players say.