Automakers Will Get Another House Hearing

Panel sets Dec. 5 date; Detroit's new plan due next week
Posted Nov 26, 2008 5:25 PM CST
Automakers Will Get Another House Hearing
In this Nov. 18, 2008 file photo, Ford Chief Executive Officer Alan Mulally, left, General Motors CEO Rick Wagoner, right, and Chrysler Chief Executive Officer Robert Nardelli appear on Capitol Hill   (AP Photo)

A House committee will hear struggling automakers out on their new ideas for federal aid Dec. 5, the Wall Street Journal reports today, with Detroit’s plan due to Congress’ Democratic leaders by Tuesday. Dems say approval of billions in federal funds hinges on making Ford, General Motors, and Chrysler “viable,” and a spokesman says the companies are “working tirelessly.”
(More Ford stories.)

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