White House Questions Viability of GM, Chrysler
President Barack Obama said Monday that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bailouts.
Showing posts with label autos. Show all posts
Showing posts with label autos. Show all posts
Tough Deadlines for Chrysler, GM
by Dstall autos , chrysler , gm , News - Politics , obama , tough deadlines
The White House says neither General Motors nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit that would dramatically reshape the nation's auto industry.
