The U.S. Auto Industry and the Role of Federal Assistance

ISBN: 9781536114300 出版年：2010 页码：211 James R Elliot Nova Science

The three domestically owned U.S. manufacturers of cars and light trucks are requesting federal financial assistance in the form of “bridge loans” to assure their ability to continue in business. The companies have been affected by a long-term decline in U.S. market share, the impact of a general decline in U.S. motor vehicle sales that has impacted all producers and the effects of a severe constriction of credit, resulting from problems in U.S. and global financial markets. This book reviews stipulations that Congress might impose on auto manufacturers as conditions of providing assistance.