Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Automakers Get First Bailout Installment

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
336 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Dec 31, 2008

The U.S. Treasury Department says it will provide $6 billion to the financing arm of General Motors to help ensure the struggling car company stays in business. The government aid will provide a much-needed boost to domestic auto sales by freeing up more credit for consumers. But analysts say that's just the tip of the iceberg. Taxpayers are likely to dole out more money next year to keep U.S. automakers in business. VOA's Mil Arcega reports.

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (0)

Sign In or Sign Up now to post a comment!
Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more