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Search resuls for: "Vehicle Suppliers Association"


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WASHINGTON, Sept 26 (Reuters) - U.S. auto suppliers on Tuesday urged President Joe Biden to provide federal assistance to help auto parts companies impacted by the ongoing United Auto Workers strike against the Detroit Three automakers. MEMA, the Vehicle Suppliers Association, in a letter seen by Reuters urged Biden to "effectuate federal assistance to ensure the viability of this critical industry sector. Without federal assistance, the ability of the automotive industry to resume full manufacturing capacity is at risk." The group wants the Biden administration to provide low-interest loans and consider loan forgiveness for struggling small suppliers. The White House did not immediately comment and has previously declined to comment on whether it is considering programs to support auto suppliers.
Persons: Joe Biden, Biden, David Shepardson, Franklin Paul, Chris Reese Organizations: United Auto Workers, Detroit Three, Vehicle Suppliers Association, Reuters, Business Administration, Thomson Locations: Detroit
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