Thursday, December 4, 2008

The Auto Bailout Talk Continues

It looks like the CEO's of the big three are driving to DC this time, in energy efficient cars that they'd like us to believe are the future of their brands. I read recently where GM and Toyota have about the same US market share, but GM has about five times as many dealers across the country. I honestly think the US automakers need to go into bankruptcy just so one of the three can survive.

I keep thinking that if PEBO were going to help them out, if he were committed to "saving" them.....he'd SAY SO. That he hasn't said so yet leads me to believe that he is actively entertaining options short of a bailout. If so, good for him.

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