Bailout: What would sell you?
If there is one thing that has annoyed me with the US auto industry more than anything the last 5 years, it’s been the lack of hybrid cars, especially a Prius-fighter. Even GM’s Chevy Volt really isn’t a Prius-fighter. For many more years, there is going to be a need for both conventional hybrids and plug-in vehicles. Yet, I’ve still not heard of a plan from one US automaker to directly challenge the Toyota Prius.
Would a detailed plan to build more hybrid vehicles, in addition to plug-ins, sell you on an automaker bailout? What else would it take? Serious cuts in executive compensation? Serious cuts it UAW benefits?
What would sell you on the legitimacy of a bailout, or a bridge loan, for US automakers? Can anything sell you?
Original post by Dahcredyns
