The Presidential Task Force on the Auto Industry was an ad hoc group of United States cabinet-level and other officials that was formed by President Obama to deal with the financial bailout of automakers Chrysler and General Motors. According to an April 2014 report of the Special Inspector General of the Troubled Asset Relief Program, the U.S. government had lost $11.2 billion in its rescue of General Motors. The U.S. government spent $50 billion to bail out GM, meaning it recovered 77.6 percent of its investment amount.
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| - Presidential Task Force on the Auto Industry (en)
- 汽車沙皇 (zh)
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| - 「汽車沙皇」（car czar）是美國政府針對底特律車廠通用與克莱斯勒委任的监管者，全權負責主導和總覽整個140億美元援助汽車業計劃。福特汽車先前則以自己幾乎全部的資產向銀行抵押貸款，並不在美國政府救援之列。 「汽車沙皇」的责任为監督改革和審批貸款。「汽車沙皇」也有权利否决超過1億美元的資金支出，加速還貸，并下令底特律通用與克萊斯勒這兩間汽車公司申請破產。每隔十五天，「沙皇」要向國會提交改革和进度報告。 (zh)
- The Presidential Task Force on the Auto Industry was an ad hoc group of United States cabinet-level and other officials that was formed by President Obama to deal with the financial bailout of automakers Chrysler and General Motors. According to an April 2014 report of the Special Inspector General of the Troubled Asset Relief Program, the U.S. government had lost $11.2 billion in its rescue of General Motors. The U.S. government spent $50 billion to bail out GM, meaning it recovered 77.6 percent of its investment amount. (en)
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| - The Presidential Task Force on the Auto Industry was an ad hoc group of United States cabinet-level and other officials that was formed by President Obama to deal with the financial bailout of automakers Chrysler and General Motors. Based on an assessment that automobile manufacturing was a critical sector of the economy providing 3 to 4 million jobs for Americans, that liquidation was imminent for two of the three major U.S. automakers, and that the break ups would devastate the U.S. economy, the U.S. government became involved in the day-to-day management decisions of Chrysler and General Motors through the Task Force. The Presidential Task Force formed and started holding meetings in February 2009. It reviewed financial and operational restructuring plans submitted by Chrysler and General Motors (GM) and made its own specific recommendations at cabinet level meetings to the President regarding the restructurings and the requests for funds from the companies. Recommendations also included directives on improving wage and benefit structures, and developing competitive fuel efficient cars for the future. In March 2009, the Task Force recommended up to $5 billion in support for automotive industry suppliers, and by late May 2009, following the recommendations of the Task Force, the U.S. government had lent approximately $25 billion in total to the companies. At that time, it was estimated that GM might require $30 billion more to emerge from bankruptcy. By mid-July 2009, both companies had restructured and emerged from bankruptcy. The Task Force was scaled back from "day to day" involvement to periodic "monitoring". According to an April 2014 report of the Special Inspector General of the Troubled Asset Relief Program, the U.S. government had lost $11.2 billion in its rescue of General Motors. The U.S. government spent $50 billion to bail out GM, meaning it recovered 77.6 percent of its investment amount. (en)
- 「汽車沙皇」（car czar）是美國政府針對底特律車廠通用與克莱斯勒委任的监管者，全權負責主導和總覽整個140億美元援助汽車業計劃。福特汽車先前則以自己幾乎全部的資產向銀行抵押貸款，並不在美國政府救援之列。 「汽車沙皇」的责任为監督改革和審批貸款。「汽車沙皇」也有权利否决超過1億美元的資金支出，加速還貸，并下令底特律通用與克萊斯勒這兩間汽車公司申請破產。每隔十五天，「沙皇」要向國會提交改革和进度報告。 (zh)
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