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

Description

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 ... continued below

Physical Description

44 pages.

Creation Information

Cooney, Stephen December 3, 2008.

Context

This report is part of the collection entitled: Congressional Research Service Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 58 times . More information about this report can be viewed below.

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Editor

  • Cooney, Stephen Specialist in Industrial Organization and Business Resources, Science, and Industry Division

Contributors

  • Bickley, James M. Specialist in Public Financing Government and Finance Division
  • Cashell, Brian W. Specialist in Macroeconomic Policy Government and Finance Division
  • Chaikind, Hinda Specialist in Health Insurance and Financing Domestic Social Policy Division
  • Pettit, Carol A. Legislative Attorney American Law Division
  • Purcell, Patrick Specialist in Income Security Domestic Social Policy Division
  • Rapaport, Carol Analyst in Health Care Financing Domestic Social Policy Division
  • Shorter, Gary Specialist in Business and Government Relations Government and Finance Division
  • Yacobucci, Brent D. Specialist in Energy and Environmental Policy Resources, Science, and Industry Division

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Description

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.

Physical Description

44 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1970's through the present--covering a variety of topics from agriculture to foreign policy to welfare.

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Creation Date

  • December 3, 2008

Added to The UNT Digital Library

  • April 27, 2012, 3:49 p.m.

Description Last Updated

  • Aug. 13, 2015, 6:33 p.m.

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Citations, Rights, Re-Use

Cooney, Stephen. U.S. Motor Vehicle Industry: Federal Financial Assistance and Restructuring, report, December 3, 2008; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc83869/: accessed December 15, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.