Dec 06 2008
Congress Working On Bailout Bill For Automakers
It seems that Congress this weekend are on the fast track to get automakers a bailout package through. It may not be the amount of money that they wanted, but it will still be some welcome relief that they need. Many people think without the money one of the Big Three could go under and I agree with that assessment. The automakers are struggling and unless they get some help it could be a big disaster.
The other bad thing is if one of the Big Three fail it will affect so many people. I look for many car brands to disappear as the Big Three try to cut expenses which is a shame. Over the years car companies have trimmed cars from their lineups, but this could be the biggest shuffle that we have seen in a very long time. I guess only time will how many we lose.
