Comment

UAW Will Own 55% of Chrysler

85
Occasional Reader4/28/2009 12:35:54 pm PDT

re: #67 lawhawk

If anything, it means that the government will be increasing its control over what’s left of the auto industry, and that’s not good for the long haul.

I think we could well see a resurrection of the US auto industry in the medium term future, but it will consist of a) Ford, and b) one or more companies that do not yet exist (or are barely on the radar).