Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com - View Single Post - White House Approves $17.4 Billion Auto Loans to GM & Chrysler

TomServo · 12-19-2008, 08:22 AM

http://www.cnn.com/2008/POLITICS/12/...out/index.html

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???

12-19-2008, 08:22 AM	#5
TomServo Drives: 2007 Z06 Join Date: Oct 2008 Location: Swansea IL Posts: 727	http://www.cnn.com/2008/POLITICS/12/...out/index.html 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???