America's auto industry is facing an uncertain future after the United States Senat rejected emergency loans (12.12.2008) 12
Ema Nevenka JülichDecember 12, 2008
America's auto industry is facing an uncertain future after the United States Senate rejected a bill to give the country's three largest car makers 10.6 Bbillion euros in emergency loans. The deal - designed to prop up the ailing industry - was agreed in the House of Representatives on Wednesday. But it collapsed in the Senate after Republicans demanded pay cuts for auto workers. +++SYN-MAZ+++