U.S. Motor Vehicle Industry: Federal Financial Assistance and Restructuring

Cooney, Stephen

Library of Congress. Congressional Research Service.

关键词: Federal aid programs;    Economic policy;    Economic stabilization;    Motor vehicles;    Industrial policy;   

RP-ID  :  CRS_Auto_Industry_Report
RP-ID  :  CRS_Auto_Industry_Report_2008Dec03

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report reviews the U.S. automotive industry at present, aspects of the industry's financial situation, and relief options. It includes an analysis of the current situation in the U.S. automotive market, including efforts to address problems of long-term competitiveness and the impact of the industry on the broader U.S. economy. It focuses on financial issues, including credit questions, and legal and financial aspects of government-offered loans or loan guarantees. This further includes consideration of legacy issues, specifically pension and health care responsibilities of the Detroit 3. It also reviews potential solutions to the financial crisis, including options of government receivership and participation management, and various forms of bankruptcy. Finally, the report reviews stipulations that Congress might impose on auto manufacturers as conditions of providing assistance.