Auto suppliers may get full $5000 million in US aid

Automotive News

Detroit, Michigan – Cash-strapped auto suppliers may be able to tap the full $5000 million (Euro 3800 million) in US aid designated for their relief, even if Ford Motor Co. doesn’t take its allocation of the funds.

In an 8 April interview, a White House spokeswoman said the funds originally designated for Ford’s suppliers now will be available to General Motors and Chrysler LLC suppliers if the automakers apply and their applications meet federal guidelines. GM says it will make $2000 million of…

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