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If Mercedes still owns part of Chrysler why didn’t they belly up some money.
Aptera, Pheonix motor cars, and zap will be the answers to the big three who have denied the public the wonderful electric car . This has been done to preserve their lucrative parts and maintenence profits which are alot lower on electric cars. Now they are paying the price and will jump on the bandwagon if the government will leave them alone!
The loans to the auto industry pale, in my opinion, to the bailouts that are in store for the movie moguls out in California — and those are not loans.
Does anybody remember how much the movie makers are slated to get? I thought I had heard a number around $30 million. Can anybody clarify that?
When buying and selling are controlled by legislation, the first things to be bought and sold are legislators. ___ P.J. ORourke