The Big Three
Monday, December 8th, 2008As far as motoring news has been concerned recently in the USA, has been the talks with the big three car manufacturers with congress to get a so called $36b loan to save the American car manufacturing market. The big 3 are of course Ford, General Motors and Chysler, who’s presidents arrived in Washington to give their arguments, to receive American tax payers money to save their organisations.
Watching some USA news channels on the events are clearly different to here in the UK. One channel chose to criticise the Presidents of these corporations, claiming a lack of preparation to the talks and they should not assume that those outside of Detroit, had the same passion to save the industries as they did, as every State had their own job loss worries and why should car manufacturing be any different.
Another channel had polls of whether you would buy a car from a manufacturer who could go under, the results were pretty much half and half, some saying it was a way to save jobs, other were worried if they bought a car, there would be limited car parts availability and what would the warranties be, of there were no legal organisations to honour them.
What is sure is that even though Barrack Obama states, these corporations must not die the American public as a whole have just too many other issues going on, to consider this the only financial worry.
It is unlikely that the car parts for these vehicles will be in short supply as they are often manufactured by third parties, these smaller businesses are sure to want to sell these car parts to the general public. As for the warranties, well this is a different matter.





