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Posted: 10:26 PM Dec 1, 2008
Big 3 Headed Back to Capitol Hill
Will present viability plans to Congress. Reporter: Associated Press |
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The Automotive Bailout saga continues. Some argue it is not a bailout but a loan. Well, if they can't pay their creditors how do you think there going to pay off this loan. The article says they will be in good shape when customers return in DROVES when lending loosens up. If fuel prices return to $4-$5 a gallon next spring/summer those droves will be heading to the Little Three (Toyota, Honda, Nissan) I might add motorcycle and moped sales are brisk.