I just hope someone picks up the Jeep brand..... Billy Cox wrote: > I think that the US auto industry's fundamental problem is that their core > 'product' or mission was elevating uneducated factory workers into the > middle class rather than making great cars/trucks. > > That being said, I think that the government will assist the US auto > industry, but with significant strings attached. Perhaps with Democrats > controlling both the White House and Congress, the government response will > be more than just a handout, well-wishes and golden parachutes. > > I can see the GM/Chrysler consolidation possibly going forward. I could also > see Chrysler simply ceasing to exist. Have you seen the new Dodge > Challenger? If that is their best work, then they're screwed. > > > > -----Original Message----- > From: Won Lee [mailto:[EMAIL PROTECTED] > Sent: Monday, November 10, 2008 10:45 AM > To: cf-community > Subject: RE: should the government rescue the auto industry? > > > No. The reason the US automotive industry is in the steaming pile there are > in right now are > > 1) They make an inferior product > 2) Legacy costs > > A bailout does not address these problems. Quite frankly, F or GM going > under doesn't hurt the economy as severely as the banks going under. > Actually, I would imagine that if F and GM went under, Toyota and Honda > would probably open up another factory or two in TN or KY (or wherever their > plants are located) to meet the demand. > > > > >
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