Opinion: If GM or Chrysler fail, is nationalization really that bad?

It’s the kind of daunting task that calls for a great national project. Nationalizing the first automaker to go would give us a lab for that project, and save American manufacturing to boot.
Non Vivant Blogger John Zwick • Suggesting the idea of a nationally-reworked car company; Zwick suggests that the it would allow the country to move towards cleaner, greener cars and into a more modern approach to an industry famous for bloat. We’re sure some might claim it’s socialism or *gasp* communism, but that’s why this article is clearly marked as opinion, so you jerks can’t claim we’re the ones saying it. As it is, Zwick is making a reasoned argument. • source

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Fiat to buy stake in Chrysler? Chrysler’s under the gun after getting $4 billion from the auto industry bailout, so it’s looking for some outside help. It needs to come up with a plan to stay alive to show to the U.S. government by March 31. Enter Fiat, the Italian car manufacturer with a long history of foreign interests. source

Fiat to buy stake in Chrysler? Chrysler’s under the gun after getting $4 billion from the auto industry bailout, so it’s looking for some outside help. It needs to come up with a plan to stay alive to show to the U.S. government by March 31. Enter Fiat, the Italian car manufacturer with a long history of foreign interests.
Scratching each other’s backs Fiat at the very least would offer some help to Chrysler. Both would benefit from the deal. Chrysler gets access to Fiat’s experience in building efficient small-to-medium-size cars; Fiat gets a foothold in the American market to introduce some of its vehicles to the States. Win-win, right? source

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2010 Chrysler’s and GM’s ETA for getting an electric car on the market source

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31 Mar 2009 22:02