For U.S. and Carmakers, a Path Strewn With Pitfalls
“President Obama’s decision to reshape the automakers inverts the relationship that helped define the rise of manufacturing in the U.S.
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When he stood in the White House to unveil his approach, Mr. Obama took pains to assure the country — twice — that
“the United States government has no interest in running G.M.”
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No, just who to hire and fire from the CEO to the Board, what mix of vehicles to manufacture (like the hybrids sitting unsold on car dealer’s floors) who to merge with and how fast to do it.
(Anybody NOT like to be in Fiat’s position with Chrysler, with a 30 day sword of Damocles hanging over it’s head?)








