Got any proof to back that statement up? The feds have committed $25B in earlier loans to offset the cost of re-tooling and expediting new model offerings. This process takes 3-4 years even without the pressures of losses. What is Detroit doing to change? Take a look at Chevy - they will have the first production hybrid that will run on electricity for 40 miles before it starts burning gasoline. It will be ready late next year. Check out Ford's new hybrids. Better fuel economy and emissions than any similar sized Toyota hybrid. Ready for sale mid-2009. Chrysler? Well, they should probably go away. Not much in the way of breakthrough technology there.
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Ford does not own Jaguar, Land Rover or Aston Martin. Check your facts. GM DOES own the marques you mentioned along with a lot of others. In fact, GM received an unsolicited offer for Opel today.
I drive a Honda and a Mini. That being said, there are lots of people who depend on the US auto industry - I'm really appalled by lack of compassion for their situation. Not all of them are overpaid unionistas - they are trying to provide for their families just as the rest of us are.
By the way, where is the hue and cry over the Wall Street bailout? $700B if remember correctly...
What is the most commonly sent 'secret' to Postsecret?
oh pick me, pick me!
Got any proof to back that statement up? The feds have committed $25B in earlier loans to offset the cost of re-tooling and expediting new model offerings. This process takes 3-4 years even without the pressures of losses. What is Detroit doing to change? Take a look at Chevy - they will have the first production hybrid that will run on electricity for 40 miles before it starts burning gasoline. It will be ready late next year. Check out Ford's new hybrids. Better fuel economy and emissions than any similar sized Toyota hybrid. Ready for sale mid-2009. Chrysler? Well, they should probably go away. Not much in the way of breakthrough technology there.
<>
Ford does not own Jaguar, Land Rover or Aston Martin. Check your facts. GM DOES own the marques you mentioned along with a lot of others. In fact, GM received an unsolicited offer for Opel today.
I drive a Honda and a Mini. That being said, there are lots of people who depend on the US auto industry - I'm really appalled by lack of compassion for their situation. Not all of them are overpaid unionistas - they are trying to provide for their families just as the rest of us are.
By the way, where is the hue and cry over the Wall Street bailout? $700B if remember correctly...
Detroit only built what Americans wanted to buy. No one was forced to buy a gas swilling SUV or pickup. They did so because they wanted them.