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10-21-2009, 07:10 PM #1
- Join Date
- Dec 2004
- Arlington, Texas, United States
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GM, Chrysler shocked auto task force leader
The shockingly poor financial management of General Motors and Chrysler weakened their case for a government bailout, but officials feared letting the automakers collapse.
10-21-2009, 08:46 PM #2
I hate to say it, but GM or Chrysler should not have been bailed out. Ford is taking on the chin because they are still around. If there are no GM or Chrysler vehicles to buy, people will buy something else.
Great products like the vette, maybe the solstice, and possibly the jeep would have been spun off.
We would have done better to give a generous severance package to the workers and sent management packing. The employees could use the money to retrain or retire.
Just because you wouldn't be able to buy a chevy wouldn't keep you from buying something else. The consolidation would make the industry stronger. Now we have poured good money after bad, and only delayed the inevitable.There is no way to happiness....happiness is the way.:yipi:
High Desert SoCal
93 K1500 burb (personal) 350 AT 3" Lift 250K+
02 Honda Civic LX
Looking for a 1990's Miata for an engine swap
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