What will be the effects on USA when are auto company(s) go bankrupt or are bought by outsiders? How will this effect security? How will it effect our country when all cars are made else where.
Their is also a labor element here but I will not address it.
Why can’t we let it go bankrupt if it’s not making money? Why would you give money to a company that can’t make money back?
Is it possible that at some point a foreign auto company could take over GM with 51% by their decreasing stock price?
Nobody really cares for American cars nowadays except those rental companies, so what’s the point of keeping it?
welll.. with GM gone, they can get jobs at Japanese auto plants based in US.. so they can expand and make even nicer cars for the consumers.. American cars suck anyway.