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The Auto Industry: 1 Year after the Bailout


Bruce Nunnally

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http://www.detnews.com/apps/pbcs.dll/artic...=Autos-Finances

The auto industry, one year after transformation

It has been a year since the transformation of the U.S. auto industry began in earnest. From the grilling of auto executives on Capitol Hill to the government-mandated ouster of General Motors' leader to Chrysler and GM's plunge into bankrupcy, the domestic automakers were downsized and reshaped.

A closer look inside the historic bailout reveals a much greater government role than has been disclosed previously. This section examines what happened and looks at how Detroit's automakers and others are planning for their future.

Bruce

2023 Cadillac CT4-V Blackwing

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