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Re: Should the government bail-out include domestic automakers?
Big 3 troubles rumble through L.A. show - The Detroit News
Big 3 troubles rumble through L.A. show | The Detroit News | detnews.com
Quote:
Even Consumer Reports chimed in on the bailout hearings on a day it is typically filled with talk about new product quality.
"Consumer Reports has concerns about letting domestic automakers fail," the magazine's publisher, Consumers Union, said in a written statement. "The loss of any major auto manufacturer would leave consumers with fewer choices and the industry with less competition and innovation, particularly at a transitional time when the industry is pursuing alternative energy technology. Moreover, the impact of losing a domestic automaker on the U.S. economy and jobs could be severe."
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