U.S. provides $5 billion in aid for troubled parts suppliers   queryvar=”us,provides,$5,billion,in,aid,for,troubled,parts,suppliers”; 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 [...]

U.S. nears framework plan for GM, Chrysler   queryvar=”us,nears,framework,plan,for,gm,chrysler”; 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. Michigan Representatives Sander Levin, [...]