Re: US: billions of dollars for auto industry?

In Brazil, the federal government announced a R$ 4 billion (around U$ 2 
billion) to car makers. The  Sao Paulo state government anounced another 
R$ 4 billion support.

Note: since mid-2007, the automakers are breaking all the historical 
records in Brazil concerning production and car-selling.

As a joke, this R$ 8 billion can be considered here as a prize for the 
excelent performance of the industry.


Thiago Benicchio
http://apocalipsemotorizado.net
skype: benicchio


Jeroen Verhoeven wrote:
> For that matter, the EU is also considering to channel 40 billion euro
> as a loan to the car makers through the European Investment Bank.
> EU car makers are saying that if the US car makers get it, EU car makers
> should get it too.
> The Czech Presidency is against subsidies for the car makers... the
> Czech Presidency is saying the EU should just drop the whole cars and
> CO2 regulation.
>
> Jeroen
>
> Justin Hyatt wrote:
>   
>> Hi all,
>>
>> In the USA right now, "Democrats are pressing hard to include a
>> multibillion-dollar bailout for faltering automakers" as one news
>> source has it. See:
>>
>> http://biz.yahoo.com/ap/081112/financial_meltdown.html?.v=58
>> http://news.yahoo.com/s/bloomberg/agbpgvcbma84
>>
>> There could potentially be billions of dollars that are given or lent
>> to the auto industry, to help it through rough times. Especially House
>> Speaker Nancy Pelosi is aggressively pursuing this. Is anyone else
>> following this? Does anyone know of US environmental groups or other
>> pressure groups that are voicing their opposition to this?
>>
>> Regards,
>>
>> Justin
>>   
>>     
>
>   

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