Auto industry aid ridiculous

October 2008
Las Vegas Business Press (10712186);10/13/2008, Vol. 25 Issue 41, p30
The author criticizes the measures taken by the U.S. government to aid the nation's automotive industry. The sales for General Motors Corp., Ford Motor Co. and Chrysler LLC have dropped due to high gasoline prices and an overabundance of trucks and sports utility vehicles. The author comments of the approval of a legislation designed to increase mileage standards for vehicles to 35 miles per gallon by 2020. The author also considers the loans provided by officials to help the industry.


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