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Old 03-31-2009, 09:45 AM   #12
carfansince73

 
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Drives: Carefully
Join Date: Mar 2008
Location: Florida
Posts: 1,213
I saw this at MSNBC.com.

Quote:
For the auto industry, the basic outlines of the restructuring that the Obama administration sees are becoming clear. For Chrysler, the hoped-for future is that Fiat takes it over and turns it into maker of European-style small cars for the American market. For GM, on the other hand, it will be — if not immediately then next year or the year after — goodbye to the passenger-car market. Not just no more Pontiac, but no more Buick and no more Cadillac and no more Chevy cars. That's what restructuring means: picking the winners and cutting the losers loose.
It's not set in stone by any means, but I don't like the topic even being brought up. :( Notice how Ford is never mentioned in any kind of restructuring stories. I guess because they are in better shape and did not take any gov't money. I hope we don't end up like we did when F-body cars were stopped leaving the Mustang as the only muscle-type car.
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