Auto suppliers' bailout please rejected

Moore, Miles
June 2009
Tire Business;6/22/2009, Vol. 27 Issue 6, p3
Trade Publication
The article reports that the U.S. administration's auto task force has rejected the plea of auto suppliers for an extra $8 billion to $10 billion to bailout them through an economic downturn. However, the administration assured the Motor &Equipment Manufacturers Association and the Original Equipment Suppliers Association, who presented the Emergency Financial Assistance request, that it will continue to monitor the financial and business situations of auto suppliers.


Related Articles

  • news briefs.  // Aftermarket Business;Sep2005, Vol. 115 Issue 9, p18 

    Reports developments related to the automobile industry and trade in the U.S. Support of the Motor and Equipment Manufacturers Association for Automechanika China forum; Praises of the Specialty Equipment Market Association on the passage of the Small Business Health Fairness Act by the U.S....

  • MEMA, OESA seek assistance for suppliers. Moore, Miles // Rubber & Plastics News;6/15/2009, Vol. 38 Issue 23, p4 

    The article presents information on additional stimulus money requested by Motor & Equipment Manufacturers Association (MEMA) and the Original Equipment Suppliers Association (OESA) for auto parts supplier. The two affiliated supplier industry associations have requested the U.S. Department of...

  • MEMA study says automative parts industry is decentralizing.  // Aftermarket Business;06/01/97, Vol. 107 Issue 6, p18 

    Presents a study conducted by the Motor & Equipment Manufacturers Association (MEMA) about decentralization of automotive parts industry. Findings of the study; Comparison of the 1996 data from 1993; Decline in the total payroll for the marketing services personnel; Number to contact for more...

  • If life's like a box chocolates, what are your customers getting? Pyle, Ron // Tire Business;6/22/2009, Vol. 27 Issue 6, p7 

    In his article, the author opines that the U.S. administration will undoubtedly find, to its surprise, that a massive injection of money, especially borrowed money, will not fix the problem in the domestic auto manufacturing industry. However, he says that independent automotive service and...

  • On the ropes, auto parts suppliers seek help. Beene, Ryan // Crain's Cleveland Business;5/18/2009, Vol. 30 Issue 20, p6 

    The article reports that Washington, D.C.-based lobbying group for U.S. auto parts suppliers, Motor & Equipment Manufacturers Association (MEMA) is calling for direct financial assistance for ailing parts suppliers. MEMA's chief executive officer (CEO) Robert McKenna sent a letter to members of...

  • AHRC to discuss industry issues at 1st-ever meeting, October 23.  // Aftermarket Business;Oct95, Vol. 105 Issue 10, p51 

    Reports on the holding of the Automotive Human Resource Council (AHRC) program at the Mirage Hotel in Las Vegas, Nevada on October 23, 1995 in conjunction with the Automotive Aftermarket Industry Week trade show. Formation of the Council by the Motor & Equipment Manufacturers Association;...

  • association briefs.  // Aftermarket Business;Mar2001, Vol. 111 Issue 3, p21 

    Presents news concerning associations in the United States automotive industry as of March 2001. Veterans added by the Motor & Equipment Manufacturers Association to its staff; Number of people who attended the 2000 Automotive Aftermarket Industry Week trade show in Las Vegas, Nevada;...

  • Of Bubbles and Bailouts. Bottari, Mary // Dollars & Sense;Jul/Aug2010, Issue 288, p22 

    The article presents an accounting of the bailout dollars disbursed by the U.S. government for U.S. corporations.

  • Hopes rise for euro stability after Ireland takes bailout. Kenchington, John // Money Marketing;11/25/2010, p8 

    The article focuses on the hope of the European Union (EU) for financial stability following the move of Ireland to take a bailout of up to 77 billion pounds.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics