US car industry bail-out deal finalised

Congressional Democratic leaders and the White House have finalised a deal to spend $15bn (€11.54bn) on emergency loans for struggling US car makers, officials said today.

US car industry bail-out deal finalised
Wed, 10 Dec, 2008 - 16:27

Congressional Democratic leaders and the White House have finalised a deal to spend $15bn (€11.54bn) on emergency loans for struggling US car makers, officials said today.

The measure could see a House of Representatives’ vote later tonight and be enacted by week’s end.

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