Archive for the ‘gm’ Category

Why the fear of General Motors going under? The demand for cars would remain the same, so the lost manufacturing would have to be replaced, wouldn’t it? …while the cries of certain Armageddon would be ear splitting in the event of a GM failure, the U.S. auto sector would actually emerge much healthier thanks to […]


Barack is pressing a bailout for automakers. President-elect Barack Obama would like the government to find additional authority to deal with the liquidity crisis in the American automobile industry, Obama’s transition co-chairman said on Tuesday. The Obama team earlier leaked details of the disagreement over an auto bailout that arose between President Bush and Barack […]