The Alliance of Automobile Manufacturers, a trade group representing Detroit's Big Three automakers
and seven other companies, praised the bill.
With the Big Three automakers
floundering, Motown is suffering from one of the worst unemployment crises in the nation.
President Barack Obama announced $2.4 billion in new grants for electric vehicles and batteries Wednesday, including over $400 million to aid Detroit's Big Three automakers
' efforts to develop the next generation of electric vehicles.
There is strong regional support for the Big Three automakers
in the American Midwest -- the traditional home of the U.S.
-- Based on early sales success in dealer showrooms, two of the Big Three automakers
, General Motors and Chrysler last week expanded the credit union-based Invest in America auto financing program nationwide.
While many industries are suffering, Detroit's Big Three automakers
are on the verge of collapse.
Heads of the Big Three automakers
try to justify the concepts behind their vehicles in a ballroom filled with Hummers and SUVs.
Of course, the Big Three automakers
are claiming that the companies are too big to be allowed to fail, and they are predicting the doom of the American economy in the absence of a government rescue plan.
where the Big Three automakers
(Ford, GM and Chrysler), as wet[ as other manufacturers, operate large production facilities.
The decision came three days after the Big Three automakers
arrived in Washington in their private jets, seeking $25 billion in federal assistance.
colleges and universities takes us to Michigan, where high unemployment and the financial meltdown of the Big Three automakers
have resulted in a dramatic enrollment drop at one of the nation's top urban universities.
Bush said he's still considering how to deal with requests for emergency funding from Detroit's Big Three automakers
, but will resolve the issue 'relatively soon.'