Auto sector no longer “too big to fail”: Clement
April 6, 2009
The federal government is bracing Canadians for the possibility that General Motors Corp. and Chrysler LLC will slide into bankruptcy, unveiling plans to guarantee warranties on all new cars and trucks the automakers sell and boosting protection for auto-supplier shipments by $700-million.
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From: NewsCan: For April 3 to April 9, 2009
Tags:
Automotive Industry, Business, Canada, Competitiveness, Corporations, Economics, Finance, Industry