InvestorsHub Logo

Techsource

04/13/09 4:20 PM

#35 RE: Land Agent #34

GM, Chrysler secure $3.5 billion for suppliers

SAN FRANCISCO (MarketWatch) -- General Motors Corp. and Chrysler LLC, armed with $3.5 billion in federal aid, launched programs on Wednesday aimed at bolstering their supply base and restoring credit flows to the critical sector, the U.S. Treasury said.