That $25 Billion in Loans America’s “Big Three” Automakers Had Sought … It’s Now $34 Billion
December 04, 2008 at 10:49 AM EST
The U.S. “Big Three” of General Motors Corp. ( GM ), Ford Motor Co. ( F ), and Chrysler Corp . submitted their turnaround plans to Congress yesterday (Tuesday), hoping for approval of a massive loan package they say is central to their survival. And while…