U.S. provides $5 billion in aid for troubled parts suppliers
 

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David Barkholz
and Robert Sherefkin
Automotive News | March 19, 2009 – 10:59 am EST
 

The federal government has approved $5 billion in assistance to automotive parts suppliers. That is well below the $18.5 million that the troubled industry had sought, but it’s the first cash that [...]

U.S. nears framework plan for GM, Chrysler
 

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Automotive News | March 19, 2009 – 4:00 pm EST
 

WASHINGTON (Reuters) — The Obama administration’s autos task force may have a framework plan in place as early as next week for restructuring General Motors and Chrysler LLC, two lawmakers said.
[...]