Auto Industry

Congress by JT2016

The Nationalization of the Auto Industry?

Taking risks with bailout for U.S. automakers By David E. Sanger Tuesday, December 9, 2008 WASHINGTON: When President-elect Barack Obama talked on Sunday about realigning the American automobile industry he was quick to offer a caution, lest he sound more like the incoming leader of France, or perhaps Japan. “We don’t want government to run […]

Chrysler by JT20162016

Nobel Winner Krugman: U.S. Auto Industry Will Likely Disappear

USATODAY.com Nobel winner: U.S. auto industry will likely disappear STOCKHOLM (AP) — Nobel economics prize winner Paul Krugman said Sunday that the beleaguered U.S. auto industry will likely disappear. “It will do so because of the geographical forces that me and my colleagues have discussed,” the Princeton University professor and New York Times columnist told […]