US Auto bailout rejected
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- TheBlueOne0
"We need to invade Michigan and rebuild the state from the ground up. We will be greeted as liberators, we have clear supply lines, and we can easily rebuild the auto industry with the kind of money we spend on other countries we invade. Hell, our new Secretary of State, Hillary of Clinton, spent the better part of the past year fighting for the rights of average folks from Michigan, so think of the good will we have with the public. This is very doable. Just tell Congress we will give KBR no-bid contracts to fix Detroit.
And citizens of Baltimore, Altanta, St. Louis, and DC- you better get your shit together or you are next."
- Mimio0
I bought my wife a Ford Edge. The car is really great actually. First American car I've owned in my adult life.
- TheBlueOne0
Oh well...
"GM to cut 250,000 vehicles from 1Q production
3 hours ago
DETROIT (AP) — General Motors Corp. says it will cut another 250,000 vehicles from its first-quarter production schedule by temporarily closing 21 factories across North America.
The move affects most plants in the U.S., Canada and Mexico. Many will be shut down for the whole month of January.
Spokesman Tony Sapienza said normal production would be around 750,000 cars and trucks for the quarter."
http://www.google.com/hostednews…
And whither the Dealers?
http://www.kentucky.com/179/stor…
- JSK0
When there is blood on the street buy property.
no wait....
- kona0
*pours gas on ground for all my fallen automaker homies
- sputnik20
GM is a pension company which happens to make cars. not a stunner that this isn't sustainable.
- Yup. And sill own 49% of GMAC, so their a bank of sorts as well...TheBlueOne