Tag: bailout
German auto parts maker Schaeffler gets lifeline
Ailing German auto parts maker Schaeffler, which is struggling to acquire its much bigger rival Continental, said Tuesday that it had reached a major...
Australian car maker Holden offered $170 mln bailout
Australia said on Saturday it had extended a 200-million-dollar (170-million-US) lifeline to car maker GM Holden following the bankruptcy of General Motors, its ailing...