在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global General

Special

Newsmaker

Asia Pacific

America

Middle East

Europe

Africa

GM, Chrysler may need 'considerably' more aid

(Agencies)
Updated: 2009-03-21 14:30

WASHINGTON -- General Motors and Chrysler could need "considerably" more aid than the US$21.6 billion in additional loans they have asked for, a top US Treasury official said Friday.

A visitor walks past the logo of US car maker Chrysler on a press day at the Geneva car show, on March 3, 2008 in Geneva. [Agencies]

Related readings:  US stocks tumble on GM fate, financial woes  GM, Chrysler may need more govt loans  Bankruptcy remains an option for GM, analysts say  GM's fall could help speed up restructure

Steven Rattner, the lead advisory to the presidential task force on the auto industry, was asked by a Bloomberg TV reporter whether the total tab could reach 30 or 40 billion dollars.

GM and Chrysler have already received 17.4 billion in loans in the wake of a collapse of auto sales amid a deepening recession.

"It could be considerably higher, I won't deny that," Rattner said, according to a transcript released by Bloomberg.

"What they've asked for depends on them achieving plans that are somewhat ambitious.

"We haven't finished analyzing (the plans) and I'm not here to pronounce on them. But like all management teams, they tend to take a reasonably, slightly perhaps, optimistic view of their business. So it could be more. I can't rule that out. And I don't know when the taxpayers will get it back."