The autoparts supply sector, hit by the sharp drop in US car production, is to request at least $10bn of federal bail-out funds from the Tarp scheme. Industry representatives plan to formally request access to Tarp funds soon, according to the Original Equipment Suppliers Association, which represents parts suppliers. Separately, Larry Summers, head of the White House National Economic Council, said the new administration would use the second half of the $700bn bail-out funds to tackle the financial crisis. His comments came after Nancy Pelosi, the Democratic speaker of the House, suggested that Congress might have to provide more money for Tarp.