As expected, auto-parts makers ask the Treasury for another $10B in aid, building on the $5B in...

|By:, SA News Editor

As expected, auto-parts makers ask the Treasury for another $10B in aid, building on the $5B in loans and guarantees they already received. "The aid provided to suppliers in March addressed only a finite set of issues," one trade leader says. "The crisis suppliers are facing has only grown worse since that time, and the industry remains on the verge of collapse."