12:46 pm - Wednesday February 8, 2012

Tag Archives: Troubled US carmakers GM and Chrysler

US car giants seek $21bn funding

roubled US carmakers GM and Chrysler have asked the US government for another $21.6bn (£15.2bn) in support, on top of the $17.4bn already received. The auto giants also plan to axe 47,000 and 3,000 jobs respectively, as well as shedding a number...