Three major U.S. vehicle manufacturers to the brink of bankruptcy may be the acquisition of Chinese enterprises

Three major U.S. vehicle manufacturers to the brink of bankruptcy may be the acquisition of Chinese enterprises

About 50 billion U.S. dollars of the loan scheme as there has been progress, this loan scheme has now been discounted to 25 billion U.S. dollars. From Wall Street's critics have accused the government of this act, the general opinion that the Government's relief act not only tantamount to the development of the automobile industry in the United States, but may have a negative impact on the reputation of the economy. If the U.S. government refused to help, has been in a financial crisis in three major U.S. car manufacturers may face the risk of bankruptcy, it is not alarmist to see if the market value of up to 600 billion U.S. dollars of the fate of Lehman Brothers will know, not to mention the market now But tens of billions of all the three major car manufacturers had. From Detroit two hours before the source said. General Motors Corp. CEO Rick Wagoner, Ford Motor Company CEO Yilun Mu Rally, Chrysler chairman and chief executive officer Tenalide in three meetings this week, aims to promote the Congress to support 25 billion U.S. dollars of the loan scheme. The three major automobile manufacturers will be meeting tomorrow, CEO of Capitol Hill, because they are worried that the Government's rescue plan 25 billion U.S. dollars by Lehman Brothers, the negative impact of grounding. September 15, Lehman Brothers Holdings formal announcement, declared bankrupt. Lehman Brothers claimed that bankruptcy is the only parent company's brokerage and investment banking departments are not included in the bankruptcy. As one of Wall Street giant, Lehman Brothers bankruptcy may impact the entire financial market. The world's largest bond investment fund Pacific Investment Management Company was known as the "King of bonds," the star investment managers比尔格罗斯said that Lehman Brothers will lead to bankruptcy, "financial tsunami." In the Government's refusal to life-saving, full-back off after the acquisition, Lehman Brothers, the final decision, according to the U.S. Chapter 11 bankruptcy bill filed for bankruptcy protection. Once the application is approved, Lehman Brothers Holdings will be under the supervision of the bankruptcy court reorganization on the road. Lehman filed for bankruptcy protection in the paper revealed that the company's total assets amounted to 639 billion U.S. dollars, while total debt to 613 billion U.S. dollars. It also makes one stroke over Germany Lehman Chong Securities, a collapse in U.S. history, the biggest financial companies. Since the collapse of junk bond market, the large investment banks Chong Tak securities in 1990 was forced to file for bankruptcy. Lehman on Wall Street to the reputation and enormous market value, even such a fate, not more than 10 billion current market value of the three major car manufacturers by commentators on the "assistance" of the boycott seems reasonable. Although the matter to comment on the criticism of a sound waves off a wave, but the vehicle manufacturers to their own interests and positions, the resistance is the natural expression of this criticism. Three major car manufacturers have not yet decided whether to hold a joint meeting, because the United States in the very worst cars of the financial problems encountered under the background of all the financial markets before descending crisis, is Huobudanxing. If the problem can not be effectively dealt with, bankruptcy is close at hand. Wuguai three major automobile groups have never been so united. Monday Joint Automotive News Automotive Group spokesman said the three leaders of the meeting time has not yet confirmed, in the past three years, they frequently met. However, the U.S. car and the problem has not been effectively resolved. Wagner is still busy at GM in Detroit for the 100th anniversary of the reception, and a grand reception this style, cover up with GM last Tuibai the slightest former glory. Ford's executive chairman on the Bill. Ford will be Tuesday against loan scheme to meet with members of Congress, Ford in the Arizona State University established a sustainable development issues the automotive industry projects. Three major car manufacturers have stressed that the 25 billion U.S. dollars of the funds will be used to produce the optimal reorganization of the factory, to establish a highly efficient low-energy production plant. This loan scheme to allow the three major commercial vehicle manufacturers in 25 hours pay off these loans, they also receive five-year extension of the repayment of the privilege. If the bankruptcy case because the Lehman Brothers refused to help the auto industry, have lost their financing capacity of the three major automobile groups may collective insolvency, the Chinese auto industry may be facing the largest automotive history of the development of opportunities and challenges - acquisition of General Motors, Ford, or g Lai Sile. It is entirely possible. Look at the world-renowned Lehman bar, its assets than their GM Ford is tens of times the weight class. May refuse assistance if the news release, GM Ford news will come to bankruptcy. However, China FAW, China's Shanghai Automotive are you prepared »