GM and Chrysler
April 4, 2009
There are too many intricacies to the auto bailout, and it is moving way too quickly, to adventure an opinion.
But I will say I am ecstatic they have decided to act separately on the two companies and put Chrysler in the tighter spot.
GM was staging a remarkable turnaround when the crisis hit, and their new models are best-in-class. Plus the Volt has a good chance of succeeding.
Chrysler on the other hand couldn’t find their way. They don’t have a single well-designed model except for the 300M.