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Three big US automakers plead with Congress for US$25b lifeline

THE three biggest US automakers pleaded with Congress yesterday for a US$25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the American economy as well. Despite...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200811/20081119/article_381207.htm"> Three big US automakers plead with Congress for US$25b lifeline </a> by -- THE three biggest US automakers pleaded with Congress yesterday for a US$25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the American economy as well. Despite... </p>