Originally Posted by TomServo
Here's the rub as I see it:
"The government will put other conditions on the loans, Bush said Friday, including making pay competitive with foreign automakers with large U.S. operations such as Toyota and Honda."
I thought the UAW said they were done making concessions since they already have plans to get to these levels in 2010.
If they don't agree to make speed up the time table for the cuts, what happens???
If the UAW doesn't speed things up in the concessions dept., then the loan could get retracted.. I don't think they are willing to take that chance considering the amount..