What will happen to the big 3 US automakers?
What do you think will happen to the big 3? What do you think will be thier future? Should our tax$$$ give them money? If we don't bail them out millions of jobs will be lost. Our economy will be in a bigger hole. And we will be in a DEPRESSION FOR YEARS.
Asked By: DCNew York1992 - 12/17/2008
Best Answer - Chosen by Asker
Its just a matter of how the bailout money goes and to what. The worker on the unemployment line or the companies to keep people employed and pay it back. I also dispute the statement that the Asian car companies are just laying in wait for them to go under... More
Answered By: Cadillac C - 12/18/2008
Additional Answers (3)
Chrysler is not an American owned company, nor is it a public company. So I am not sure about Chrysler. GM and Ford need some help. I hate to just give them money, but I don't want to imagine them totally going bankrupt. A reorganization bankruptcy with federal loans might not be a horrible plan.
Answered By: Bill F - 12/17/2008
Right now it is a waiting game... More
Answered By: Old Man Dirt - 12/17/2008
They will be bailed out. There will then be required to design a more environmental friendly line of autombiles.. And they will be forced to make cars that we don't want to buy.
Answered By: Byron - 12/17/2008
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