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**MutsuMutsu** · June 29th, 09, 09:58 AM

So, what do you guys think about this? There has been many interesting events for the past several months about the US auto industry. What will happen?

Even an Indian company called Mahindra is selling vehicle in USA recently.

**dan6666** · July 5th, 09, 02:51 AM

it sucks because saturn shutdown hummer shutdown they dont make potantics or Oldsmobile many dearships in my state of PA lost some of their cars deals and pretty much in my eyes its like this song

Shuttin Detroit Down Music Video

http://www.youtube.com/watch?v=_exPnlC3wpY

**MutsuMutsu** · July 6th, 09, 12:38 AM

Toyota might take control of NUMMI soon according to news. We will see GM collapsing 2-3 years and all of the patents and the assets might be own by Toyota's North American divisions.

Things are getting heated up.

**jojob60** · July 6th, 09, 02:48 AM

Hey I know this one.
Its because of union wanting more money from the plants in the 1950-70's, so they offer a high paying retirement plan and pension. That stopped the strikes for GM, which was the bigest of the big 3 custom automanufactorers. Latter on they paided what they promised this led to government bailouts. Thanks to these bailouts GM got too big and BUSH didn't bail them out, so this is why they are in this state.

Well thats an abridged version.

BAIL OUT= raise in taxes and tax rates= less food for us in theory.