Relevant:
- General Motors Corp., Ford Motor Co., Chrysler LLC and U.S. auto-parts makers are seeking $50 billion in government-backed loans, double their initial request, to develop and build more fuel-efficient vehicles.
- This Afternoon's Bailout Preview: Auto-Parts Makers
- Ford invests $1.2 billion in Michigan plants, Per 2015 UAW Contract (TRUMP ONCE AGAIN TRIES TO TAKE CREDIT)
- GM Wants More of its Subprime Customers Approved For Auto Loans
- U.S. to Aid Auto Industry With $5 Billion for Suppliers
2009-11-13 — bloomberg.com
"Prem Kumar’s demand for higher pay and better food at the cafeteria at the auto-parts factory where he works near New Delhi forced General Motors Co. and Ford Motor Co. to shut three plants on the other side of the world. The strike Kumar led at Rico Auto Industries Ltd., coming after managers were beaten to death in labor disputes at two other partmakers, may derail an Indian government goal to boost components exports about sevenfold to $25 billion by 2015."
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