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Yes it's called bankruptcy, its the system established in law to fix badly damaged companies. The auto industry has relied on lobbyists and subsidies too long. Workers and pensions must be protected from the failure of the business. A bailout or rescue will only perpetuate the failed business model. The government should then establish a positive environment for the r+d of green autos. Going natural gas is probably the best bridge to the future. Diesel may be a viable short term alternative.
posted by 24.191.21...
_______________________________________
2002 9-5 v6
Posts in this Thread:
- How to Save GM, OKSaabs, Wed, 12 Nov 2008 05:10:13
- GM needs to make cars that people want to buy, J, Mon, 17 Nov 2008 07:44:38
- Re: How to Save GM, Red93SEInBrklyn, Wed, 12 Nov 2008 21:41:12
- Re: How to Save GM, KevinM, Wed, 12 Nov 2008 17:19:24
- Consolidate platforms, unify US and European products, Paul H, Wed, 12 Nov 2008 15:10:07
- Re: How to Save GM, DivrDon
, Wed, 12 Nov 2008 08:43:06
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