Tuesday, March 31, 2009

Is auto rescue too big a role for government? | csmonitor.com

The Obama administration will give Chrysler working capital for 30 days to see if it can conclude a definitive agreement with Fiat or some other partner.

The strategy may make sense in the long run. But if clean cars clash with consumer tastes or exceed their budgets, carmakers might end up building lots of cars they can’t sell.

Is auto rescue too big a role for government? | csmonitor.com

No comments: