jump to navigation

links for 2008-11-24 November 24, 2008

Posted by arikjohnson in Uncategorized.
trackback
  • However, conspicuously absent from the collective rhetoric from the auto industry is any reference to the 500 pound gorilla in the corner. GM is burning through cash to the tune of $4 to $5 billion per month. At that rate, even if they were to snag the entire $25 billion from Uncle Sam, the company could remain solvent only through Q1 2009. Does any reputable economist think the economy will be markedly better by April? Unlikely. So it begs the question: Rather than treat the American public to another horror story, why don't you help show us how you plan to build better cars? Cars that can compete with their German and Japanese counterparts?
Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: