GM officially filed for bankruptcy. Obama- after stating months ago he didn't want to run GM or any car company, now is in charge of "fundamental" decisions. Has said in a press conference that us in the car industry have to sacrifice for our future generations.
More plant closings, more dealerships shutting down, more parts facilities going poof. Many more jobs lost, none saved or created. So much for the American dream. This comes from the President who loathes profiting business as a whole, and wants the wealthy to carry the load for funding America.
Is the American car manufacturing business as we know it over? Discuss.
I'm irked that the Federal Gov't threw millions of dollars and tax incentives for foreign car companies to build plants over here (Hyundai, BMW, VW/Audi soon, Toyota), and then drag the domestic companies through the mud for a "bailout".
Sorry you had to move this. This was more intended as a political discussion. Sorry.
More plant closings, more dealerships shutting down, more parts facilities going poof. Many more jobs lost, none saved or created. So much for the American dream. This comes from the President who loathes profiting business as a whole, and wants the wealthy to carry the load for funding America.
Is the American car manufacturing business as we know it over? Discuss.
I'm irked that the Federal Gov't threw millions of dollars and tax incentives for foreign car companies to build plants over here (Hyundai, BMW, VW/Audi soon, Toyota), and then drag the domestic companies through the mud for a "bailout".
Sorry you had to move this. This was more intended as a political discussion. Sorry.