Stories tagged with "government loans"

GM reports $1.2B loss but says financial picture is better by indystar

Automaker is set to start paying off $6.7B U.S. debt with $1B quarterly payments General Motors lost $1.2 billion in the first 83 days after it emerged from bankruptcy protection... – Nov 17, 2009 at 12:00 AM in Business

EnerDel customer picks plant to build hybrid by Tom Spalding

Northeastside-based EnerDel could benefit from a California-based hybrid automaker’s announcement Tuesday to buy a former General Motors plant for $18 million in Delaware. Fisker... – Oct 27, 2009 at 5:32 PM in Business

UAW: GM to take back Delphi-Kokomo by indystar

General Motors Corp. has agreed to take ownership of five production facilities from bankrupt parts supplier Delphi Corp., including a plant in Kokomo, according to the United Auto... – May 27, 2009 at 1:00 AM in Business

GM CEO Wagoner forced out as part of gov't plan by indystar

DETROIT — Time and time again, General Motors Corp.’s board of directors reaffirmed its support for Chairman and CEO Rick Wagoner, even as the company piled up billions of... – Mar 30, 2009 at 2:29 AM in Business

Obama denies bailout funds for automakers by indystar

WASHINGTON — The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion... – Mar 30, 2009 at 1:13 AM in Business

GM chief Wagoner to step down as part of Obama auto plan by indystar

DETROIT — General Motors Corp. Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday. The news comes as... – Mar 29, 2009 at 11:48 PM in Business

Obama: Auto industry needs to do more to get help by indystar

WASHINGTON — President Barack Obama says General Motors Corp., Chrysler LLC and all those with a stake in their survival need to take more hard steps to help the struggling... – Mar 29, 2009 at 8:39 PM in Business

Big Three await word on bailout by indystar

DETROIT — Chrysler announced Wednesday it is closing all its North American manufacturing plants for at least a month, the starkest move taken by U.S. automakers as they... – Dec 18, 2008 at 2:06 AM in Business

Ft. Wayne among plants GM is temporarily closing by indystar

General Motors Corp. said today it will temporarily close 20 factories across North America and make sweeping cuts to its vehicle production as it tries to adjust to dramatically... – Dec 12, 2008 at 2:31 PM in Business

Deal could help Big 3 avert 'death sentence' by indystar

WASHINGTON — Humbled and increasingly desperate as car sales plummet, the heads of Detroit’s Big Three automakers said Thursday they were willing to accept government... – Dec 05, 2008 at 2:01 AM in Communities