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Old 11-16-08, 11:54 AM   #5
DeepIron
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Join Date: Aug 2007
Location: Too far from the Pacific right now...
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Quote:
Originally Posted by 1480
Quote:
Originally Posted by Skybird
Quote:
Originally Posted by SteamWake
http://news.yahoo.com/s/ap/20081115/...o/auto_bailout

Quote:
House would provide aid to the ailing U.S. auto industry, requiring that the industry meet new fuel-efficiency standards, produce advanced vehicles and restructure "to ensure their long-term economic viability.
Yes sure that makes perfect sense. :hmm:
Makes perfect sense indeed, what are you complaining about with your hidden irony? Fuel-slurping monster cars are a dying species, so why wasting money on them - by buying them and the fuel they need, or by wasting taxes on maintaining production capacities for anachronistic cars? Go modern - it's the future, and it is inevitable. German car makers find it hard to learn that, too - but they do, slowly, but nevertheless. If GM and Crysler don't, they will be dead very soon. They are sitting on a mountain of fuel-killing cars that nobody wants to buy anymore. the smaller and more economic models of them and foreign producers sell much better.
Ah, isn't Chrysler owned by Daimler? Last time I checked Daimler is German....:hmm:
There were talks going on about GM acquiring Chrysler... It fell through due to the current economic downturn: http://blogs.motortrend.com/6341772/...ion/index.html
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