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