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Big 3 Auto Bailout (2008)

A collection of news and information related to Big 3 Auto Bailout (2008) published by this site and its partners.

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  • Ford CEO Mulally squelches rumors he is the next Microsoft chief

    Ford CEO Mulally squelches rumors he is the next Microsoft chief
    During a conference call detailing a third-quarter profit of $1.3 billion, Ford Motor Co. Chief Executive Alan Mulally said Thursday he plans to continue running the automaker, ending rumors he will be the next CEO of Microsoft Corp.
  • Chrysler Group plans to resume trading its shares on stock market

    Chrysler Group plans to resume trading its shares on stock market
    Chrysler Group filed plans Monday to resume trading its shares on the stock market, part of a high-stakes game its parent company, Fiat, is playing against a big union trust. The stock sale would not be a normal initial public offering, in which a...

    Chrysler's first-quarter profits dip, expenses for new models rise

    Chrysler's first-quarter profits dip, expenses for new models rise
    Chrysler Group said Monday that its first-quarter profit fell 65% to $166 million. The automaker’s earnings were hurt by higher expenses to launch new models and slower business in Europe and South America.  Revenue fell 6% to $15.4 billion...

    Spain's borrowing cost hits record; worries grow over Greece

     
    Europe’s long-running debt crisis flared sharply as Spain’s borrowing rates jumped to another record high and worries grew over Greece’s ability to keep on qualifying for the emergency loans it desperately needs to stay afloat.

    Spain bank bailout may be near

     
    Spain appears to be close to asking for an international bailout of its flagging baking sector. Some reports say the request could come as early as this weekend.