Remove government-bailout
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Teamsters notified that Yellow Corp. ceasing operations, filing for bankruptcy

Green Car Congress

Today’s news is unfortunate but not surprising. Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government. This is a sad day for workers and the American freight industry.

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France is making EVs and plug-in hybrids the basis for $9 billion program

Green Car Reports

The French government is putting together an 8 billion euro ($8.8 billion) bailout package to help the auto industry recover from the coronavirus pandemic, and electric cars will be an important part of it.

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This $1b EV nickel plant will be North America’s largest

Baua Electric

“We’re going to see nickel demand double or triple over the next 10 years as we gear up battery production here in North America,” Mark Selby, chief executive of Canada Nickel, told CBC News in an interview. Nickel mines around the world are at risk of shuttering, with some asking for bailouts or filing for bankruptcy.

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Report: Auto Loan Rejections Are Up and Poised to Keep Increasing

The Truth About Cars

& Still, it’s hard to turn the above into good news for regular Americans.& Cox said delinquencies are the highest recorded since 2006 — right before we had a massive recession and some automakers started seeking bailout funding.& percent rejection rate average for all U.S. percent of mortgages, and 20.8

Auto 78
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UAW Broadens Strike to Target Stellantis Truck Plant

The Truth About Cars

However, both General Motors and Chrysler (now Stellantis) ended up taking government bailouts anyway. Get the latest& news, features, TTAC takes, and everything else that gets to the truth about cars first by& subscribing to our& newsletter. Image: UAW] Become a& TTAC insider.

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Director on CNN - Purchase Orders, Not Bailouts

Revenge of the Electric Car

From December 3, 2008 broadcast of “Issues With Jane Velez-Mitchell&# on Headline News. Topic: Are Bailouts the Answer to Economic Woes? And then we’re all in bailout mode. Well, instead let’s go into purchase order mode… Tags: Production News In the Media. It’s funny.

Purchase 100
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Fiat purchasing US Treasury interest and rights in Chrysler for $575M

Green Car Congress

The Detroit News calculates that the deal means taxpayers will see a $1.3 billion loss on the bailout. The government had previously recovered about $10.6 Both transactions will be consummated upon receipt of the requisite regulatory. Chrysler received $12.5 billion in total, including $8.5 The agreement.

Chrysler 186