Monday, October 1, 2012

Obama's GM Bailout on the Down Slide

The following is from a piece by Michael Barone and found on the web link to the National Review Online:

"GM has been selling cars in the U.S. at deep discount, and while it’s making money in China — and is outsourcing operations there and elsewhere — it’s bleeding losses in Europe. It’s spending billions to ditch its Opel brand there in favor of Chevrolet, including $559 million to put the Chevy logo on Manchester United soccer-team uniforms — and it just fired the marketing exec who cut that deal."


Click below if you want to read more...

http://www.nationalreview.com/articles/314694/bad-worse-obama-s-gm-bailout-michael-barone