Comments on: A checkered flag of surrender

By: Chris Kaufman

Chris Kaufman — Thu, 11 Dec 2008 12:31:30 +0000

The tragedy here may be that U.S. automakers were turning the corner when the bottom fell out of the market. It is true that all auto makers around the world are suffering – and most enjoy quite a bit of State support, certainly more than the Detroit Three.

The UAW’s Ron Gettelfinger has argued, as many U.S. trade representatives have, that U.S. automakers are disadvantaged abroad – historically most severely in Japan and South Korea – where they say they face tough export restrictions, while we import from these places with relative abandon.

Laborers at U.S. automakers may need to take a long, hard look at their situation in order to regain competitiveness, but without a healthy market for their products, it’s hard to see the kind of recovery private investors would want to risk their money in.

By: Ruby

Ruby — Thu, 11 Dec 2008 05:18:19 +0000

If you haven’t driven an auto made by the Big 3 lately then you are the one that hass missed-out. Personally, I like their vehicles. But especially the Fords. For some reason people seem to be stuck with the mindset that neither of these companies make good quality vehicles. Well, you are totally wrong. Get out of the “foreign” made mindset of Toyota or Honda. Sheesh! Now, the troubles of these 3, in my opinion, is and has always been the UAW. I mean really who gets a job for life?! The UAW has held the 3 back for years in to numerous ways to mention. We need a “Big 2″ not a Big 3. MERGE ALREADY!

By: John T

John T — Mon, 08 Dec 2008 06:04:04 +0000

The Stupidity of “Big Government” and the Managers of the so called “Big 3 Auto Companies” created this problem.

And we should just let them go through Bankruptcy Procedures just like any other business (in the past), right? Maybe, this would allow with “some brains” to become the trustee (change), am I wrong?

If I am wrong then just let the the Treasury Department pay directly the salaries and benefits of the “auto workers and others” because by simple accounting and “bookeeping” it would cost the American taxpayor less then $39 billion plus dollars…..

Use your simple excel spreadsheets because the $39 billion dollars will not make me buy a new “American Car” and will not fund new “ideas” in 6 months in what is it called Detroit (American auto world)? I like Honda’s…. Just make it simple stupid……