Actually if you read the plan they are radically altering the way they do business. And the unions have made adjustments and are willing to make more. They are cutting lines and have already cut wages.
The Chevy line is an award winner and a good car. I have had 5 Cavaleres and the present one has 177K with only plugs and wires.
We have been in a recession here for 5 years with Jenny. It will be a for sure DEPRESSION if the companies fail. Ford will be OK. They ask for no money. I posted the top 5 cars for theives and 4 were American made. And you ask good guestions.
“I have had 5 Cavaleres..”
Could one or two of them have been Cavaliers?
Again, what are they going to do with the money?
Won't it be hard for Detroit to compete with the cars that are built in the south when the ones in the south have far less labor costs?
Where does this bailout talk end? Everyone is getting in line. I heard the gov. of OH today say the states also need to be bailed out.
We need assurances these bailouts will produce permanent positive effects and we won't be back throwing more good money after bad.
It bothers me greatly for governments to be part owner of anything. That is communism and a very dangerous slippery slope.
We have driven Chrysler mini vans for years and have never had a major repair bill. I feel a loyalty to Chrysler because of this so am bothered to see this happen.
There is nothing good about this situation.