Saving Detroit
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Saving Detroit .
The Big Three are worth saving.
Here are 11 rides that prove it.
INDUSTRY INSIDER
Saving Detroit
Regardless of what you’re hearing these days, America’s Big Three automakers build some quality vehicles. Here are 10-plus-1 rides worth a second chance.
By Lawrence Ulrich of MSN autos
If anyone could use a hug right now, it’s the three automakers from Detroit. Thankfully, it just came from outgoing President George W. Bush in the form of a $13.4 billion loan, drawn from the $700-billion financial rescue fund. Of the sanctioned amount, General Motors will get $9.4 billion while $4 billion will be given to Chrysler LLC, according to the U.S. government. Another $4 billion will be made available to Chrysler and GM in February as well. Now, the Big Three have until March 31 to get their acts together, or else.
Sounds a little harsh, well tough love is about all the automakers can expect — and should expect — from the American people and lawmakers in Washington, D.C. these days. When you’ve been leaking market share for decades, your business model is cracked like an old engine block, and you’re asking taxpayers to bail you out with billions they can’t spare right now, some skepticism is in order.
But the question still remains: Do they deserve this reprieve?
http://editorial.autos.msn.com/artic..._726>1=22018
.
.
The Big Three are worth saving.
Here are 11 rides that prove it.
INDUSTRY INSIDER
Saving Detroit
Regardless of what you’re hearing these days, America’s Big Three automakers build some quality vehicles. Here are 10-plus-1 rides worth a second chance.
By Lawrence Ulrich of MSN autos
If anyone could use a hug right now, it’s the three automakers from Detroit. Thankfully, it just came from outgoing President George W. Bush in the form of a $13.4 billion loan, drawn from the $700-billion financial rescue fund. Of the sanctioned amount, General Motors will get $9.4 billion while $4 billion will be given to Chrysler LLC, according to the U.S. government. Another $4 billion will be made available to Chrysler and GM in February as well. Now, the Big Three have until March 31 to get their acts together, or else.
Sounds a little harsh, well tough love is about all the automakers can expect — and should expect — from the American people and lawmakers in Washington, D.C. these days. When you’ve been leaking market share for decades, your business model is cracked like an old engine block, and you’re asking taxpayers to bail you out with billions they can’t spare right now, some skepticism is in order.
But the question still remains: Do they deserve this reprieve?
http://editorial.autos.msn.com/artic..._726>1=22018
.
.