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Originally posted by jdub297
Obama commits $60 billion to GM and it might survive bankruptcy to import Chinese micro-cars, but he gets to own and control it.
Obama commits $15 billion to Chrysler, gives most of it to the UAW and FIAT, and he gets to own and control it.
Obama gives nothing to Ford, but they lead the world in producing fuel-efficient, minimally polluting cars.
Why doesn't the US give some money to the US car-makers that know what they are doing?
"You can't come close to Obama's projected price with a hybrid," says David Cole of the Center for Automotive Research, a transport analysis company in Ann Arbor, Michigan. "With alcohol injection you've got a great shot at it; it's a very viable technology."
(visit the link for the full news article)
[edit on 31-5-2009 by jdub297]