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Dealerships don't want to spend more on tools needed to service the Volts since sales for most are down

Source: Automotive News





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RE: For Pete's sake
By 91TTZ on 1/3/2013 5:52:53 PM , Rating: 2
quote:
Seriously? I wasn't happy how the bailout happened either.....but are we're really quibbling over 10 billion. To save the American industry.


For one, the cost was far more than that. That was only taking into account new money that was borrowed from American taxpayers to bail them out. It ignores all the outstanding shares of GM that people owned that became worthless overnight when they declared bankruptcy.

Also, your post seems to imply that this $10 billion has saved the American industry. However, it's still possible that GM can go out of business again in the future. It has only propped them up after they've fallen.


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