Archive for December 12th, 2008
US car bail-out fails in Senate
The $14bn dollar bail out plan for the US automotive industry has failed to get enough support in the Senate.
The rescue plan collapsed after the Republican support failed to materialise when demands for the auto workers union to accept swift wage cuts was not met.
The news brought a sharp fall in share prices in Japan, [...]
Posted: December 12th, 2008 under Manufacturing News.
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