|
gptkbp:instanceOf
|
economic crisis
|
|
gptkbp:alsoKnownAs
|
gptkb:2008–2010_automotive_industry_crisis
|
|
gptkbp:bailoutAmount
|
over $80 billion
|
|
gptkbp:bailoutProgram
|
gptkb:Troubled_Asset_Relief_Program
|
|
gptkbp:cause
|
gptkb:Great_Recession
credit crunch
decline in auto sales
high fuel prices
|
|
gptkbp:country
|
gptkb:United_States
|
|
gptkbp:endDate
|
2010
|
|
gptkbp:governmentResponse
|
federal bailout
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
US auto industry crisis
|
|
gptkbp:impact
|
supply chain disruption
millions of jobs at risk
|
|
gptkbp:involvedIn
|
gptkb:United_Auto_Workers
|
|
gptkbp:legislature
|
gptkb:Emergency_Economic_Stabilization_Act_of_2008
Automobile Industry Financing Program
|
|
gptkbp:longTermImpact
|
industry consolidation
focus on electric vehicles
increased foreign competition
increased fuel efficiency standards
shift to smaller vehicles
|
|
gptkbp:mainCompaniesAffected
|
gptkb:Ford_Motor_Company
gptkb:General_Motors
gptkb:Chrysler
|
|
gptkbp:mainIndustry
|
automotive industry
|
|
gptkbp:mediaCoverage
|
extensive national and international media
|
|
gptkbp:notablePerson
|
gptkb:Barack_Obama
gptkb:George_W._Bush
gptkb:Alan_Mulally
gptkb:Sergio_Marchionne
gptkb:Rick_Wagoner
|
|
gptkbp:precededBy
|
decline in US manufacturing
|
|
gptkbp:publicReaction
|
controversy over bailouts
debate over government intervention
|
|
gptkbp:relatedEvent
|
gptkb:2008_financial_crisis
gptkb:Great_Recession
|
|
gptkbp:result
|
job losses
plant closures
bankruptcy of Chrysler
bankruptcy of General Motors
restructuring of auto industry
|
|
gptkbp:startDate
|
2008
|
|
gptkbp:successor
|
auto industry recovery
|
|
gptkbp:bfsParent
|
gptkb:global_financial_crisis_of_2008
gptkb:2007-2008_economic_recession
|
|
gptkbp:bfsLayer
|
7
|