Maybe BMW should start producing Packards in Alabama?
Like everything Socialist, this is another example why Socialism doesn’t work.
Every industry that has been given direction fron the government eventually fails. Unfortunately, we had the perfect storm hit, but for the Democrats it hit at the right time.
Once in chapter 7, the big 3 will be torn apart and sold for parts. Some company will buy up the remains of all three, move to a right to work state and restart as a new company.
The best talent from Detroit will move to that state as white collar workers and Detroit and the rest MIchigan will become another wasteland thanks their Democrat masters. And the masses will still vote Democrat.
Pat is correct...You see the results of the service economy-America is bankrupt. If anyone believe foreign manufacturers will continue making cars in the US, they are sadly mistaken. It doesn’t matter. It gives Americans cover to buy these cars and not feel like anti-American swine (but they are swine of course. Such companies employ people which is good-but contribute nothing to the American GDP. Really they were always red herrings useful to convince American that their own industry was unimportant. Obviously, they were quite successful.