Lights, camera, action
Auto makers are awaiting and negotiating bailouts, consumers can’t get loans to buy cars and auto suppliers are going out of business. But the New York International Auto Show must go on!
And go on it did; the annual car show kicked off today at the Jacob Javits Convention [...]
Pushing for a bailout
Chrysler has a lot on the line as it unveils its 2011 Jeep Grand Cherokee. Unless the company can reorganize debt, win labor concessions and form a partnership with Turin, Italy-based Fiat before May, the U.S. president has said he will allow the company to go bankrupt.
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