Five years on, GM and Chrysler roar past the bailout’s echoes

[Michael9100]

"there's no other word to describe the U.S. auto industry than 'thriving. 'It employed almost exactly as many Americans to build cars, trucks and parts — roughly 822,000, by federal data — last month as it did in October 2008, before the Great Recession closed factories and sent sales plunging. All three Detroit automakers will earn more than $1 billion in profits this year, and thousands of UAW workers at each stand to get sizable profit-sharing bonuses."

http://autos.yahoo.com/blogs/motora...ysler-roar-past-bailout-echoes-203721550.html

 

[DEAD7]

I still don't think we should have bailed them out