pmaitra
Senior Member
- Joined
- Mar 10, 2009
- Messages
- 33,262
- Likes
- 19,593
Bumpy road ahead for US car firms?
See video: BBC News - Bumpy road ahead for US car firms?
Read more: BBC News - US auto industry: The road to recovery?
Interesting perspective - US auto industry, bailouts, state-capitalism, crony-capitalism, and a lot more!26 April 2012 Last updated at 17:03 ET | BBC News
In 2009 Chrysler and GM were on the brink of financial ruin and a massive bailout was needed to put the US firms on the road to recovery.
But in a country that prides itself on free-market individualism, the state's role in the auto industry has proved a controversial issue, as the BBC's Paul Mason reports.
See video: BBC News - Bumpy road ahead for US car firms?
Read more: BBC News - US auto industry: The road to recovery?