Posts Tagged ‘GM’


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US Auto Companies Ask for Money

The heads of the three US automakers say they need immediate Financial Help or their companies could collapse. They told a US Senate banking committee that a proposed $25 billion rescue plan would help keep them on their feet. But many of the lawmakers doubt the aid will keep them afloat in the long-term and are blaming the automakers for their problems. Deborah Block reports from Washington.

Duration : 0:3:21

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How the Automakers Got Themselves in Their Financial Mess and Will a Bail Out Really Help?


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A Breakdown of the Automakers Mistakes and an explanation of a potential bail out.

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