Supply chain still benefiting from US auto bailout: report

Dec 11, 2013 | 11:05 AM | Corinna Petry

Tags  auto bailout, General Motors, supply chain impact, Center for Automotive Research, Chrysler Group, metals producers, foundries, metals casting forging operations

CHICAGO — The U.S. government bailout of the auto industry continues to benefit the supply chain and the broader economy, according to an independent study.

Published days before the U.S. Treasury sold its remaining shares in Detroit-based General Motors Co., the cost-benefit analysis published by the Center for Automotive Research found that any actual dollars taxpayers lost in the bailout were returned nearly eight times by saving jobs and spurring industry reinvestment.....

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