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Those cheering for Detroit's demise may want to reconsider
Many analysts and commentators have seemingly been cheering for the imminent demise of the Detroit-based automakers. Something that needs to be realized amidst all this talk of low-interest loans and bailout money is how interconnected the auto industry is and how it affects our economy as a whole. Just like the global economy where the health of one country impacts all others, the same is true of the auto industry. It's been estimated that if General Motors fails, it will quickly cost the United States anywhere from 2.5-3 million jobs. Beyond ... Read more →
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Those cheering for Detroit's demise may want to reconsider 1 year ago on Autoblog
Many analysts and commentators have seemingly been cheering for the imminent demise of the Detroit-based automakers. Something that needs to be realized amidst all this talk of low-interest loans and bailout money is how interconnected the auto industry is and how it affects our economy as a whole. ...
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