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BRUSSELS -- European Union regulators said Saturday that France has promised to avoid protectionist conditions in a billion-euro rescue package for car makers. The European Commission said a letter from French Industry Minister Luc Chatel has ...

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France Pledges to Avoid Protectionism in Aid to Auto Makers - Wall Street Journal

No comments posted. WASHINGTON (AP) — Ford Motor Co. executives met Friday with the Obama administration’s auto industry task force but the company said it was not seeking emergency financial aid. Ford Chief Executive Officer Alan Mulally did not ...

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Ford officials meet with auto task force - Morning Sun

WASHINGTON (AP) - Ford executives met with the Obama administration's auto industry task force to discuss the challenges facing the domestic automakers. Ford spokesman Mike Moran says Ford is not seeking emergency financial aid from the government ...

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Ford Execs Talk with Auto Task Force - WXYZ

BRUSSELS, Feb 28 (Reuters) - The European Commission is satisfied that France's state loan plan for its carmakers will not amount to protectionism, the EU executive said on the eve of an EU summit focused on the economic crisis. "I am satisfied with ...

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EU accepts French assurances on car aid - Forbes

NEW YORK — As car buyers lose confidence, so do auto analysts. Consumer confidence is at an all-time low. People are unable or unwilling to take on any additional payments. This has prompted auto analysts to slash their forecasts for sales of new ...

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Analysts cut estimates for '09 auto sales - Lexington Herald-Leader

BRUSSELS, Feb 28 (Reuters) - The European Commission is satisfied with guarantees set out by France that a state loan plan to its carmakers did not amount to protectionism, the EU executive said on Saturday. "I am satisfied with the guarantees set ...

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(Adds details, background) - Reuters

BRUSSELS, Feb 28 (Reuters) - The European Commission is satisfied that France's state loan plan for its carmakers will not amount to protectionism, the EU executive said on the eve of an EU summit focused on the economic crisis. 'I am satisfied with ...

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UPDATE 2-EU accepts French assurances on car aid - Forbes

At what point does the pit become bottomless? The auto industry’s financial struggles have begun to amount to a financial sinkhole, and both General Motors and Chrysler are now back in Washington seeking more federal assistance in their struggle to ...

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GM, Chrysler must show progress to justify more taxpayer money - Buffalo News

Major holders of General Motors Corp.'s unsecured debt have requested a meeting with President Barack Obama's auto-industry task force to discuss the possibility of federal guarantees for billions of dollars in new debt GM may issue, said several ...

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GM Bondholders Seek U.S. Backing of Debt - Wall Street Journal

B RUSSELS, Feb 28, 2009 (AFP) - The European Commission gave its blessing on Saturday to France's aid plan for its ailing auto sector, easing tensions on the eve of an EU summit overshadowed by a row over economic protectionism.     The EU's ...

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