Bailout Recipients Publish New Spending Rules

September 15, 2009


Companies who received government bailout funds have outlined new policies meant to curb extravagant spending.
Press Release Service – Wired PR News – Keeping in line with requirements by the Treasury Department, companies who received bailout funds have posted new policies set to curb extravagant spending. As reported by the Associated Press (AP), financial institutions and […]

Japan Auto Makers Turn to Green Technology

June 9, 2009


Automakers in Japan are looking to green technology to forge ahead.
Wired PR News – Automakers in Japan are looking to green technology to tackle the global recession. As reported by AFP, Toyota Motors is putting more focus into production of its low emission autos to forge ahead, after an economic crisis has forced plant closings […]

Automakers Scramble to Avoid Bankruptcy

April 1, 2009


General Motors and Chrysler rush to make necessary changes to meet the Obama administration deadline for proving sustainability.Wired PR News – General Motors and Chrysler are rushing to meet impending deadlines to make necessary changes to receive further government assistance. As reported by the Associated Press (AP), the auto giants have until June 1, to […]

Emergency Funding Sought by Auto Suppliers

February 8, 2009


Auto suppliers are reportedly in talks to obtain emergency funding for sustainability through the economic crisis.
Wired PR News.com – Auto suppliers in the United States are said to be in talks with the Treasury Department for emergency funding that would keep them afloat while getting past the recession. As reported by Reuters, parts suppliers spoke […]

Automakers to Rid Lineup of Some Car Brands

January 22, 2009


Some favorite consumer car models may be canceled out this year.
Wired PR News.com – Carmakers have resorted to significantly decreasing their product lineups in an effort to reduce costs and increase revenue. As reported in the U.S. News & World Report, six well-known vehicle models are expected to be canceled out this year as automakers […]

 
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