US set to grant automakers a lifeline -- but no bailout - The Time 2019

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Thursday, March 26, 2020

US set to grant automakers a lifeline -- but no bailout

US set to grant automakers a lifeline -- but no bailout Automakers are fearful of being tagged as seeking a new government bailout so soon after the 2009 government-funded auto restructurings. Detroit has not sought industry-specific assistance, instead making the case that the entire economy needs urgent access to liquidity.

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