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A Bailout for U.S. Automakers: Join the Great Debate

Design News Staff -- Design News, November 20, 2008

Design News has editors advocating for and against a bailout to domestic automakers. Editor-in-chief John Dodge argues for a bailout while Materials Editor Doug Smock is urging lawmakers to say NO. Check out the coverage below, and weigh in with your thoughts and comments.

Bailing out GM, Ford and Chrysler: It's Easy to be Dubious
Like many Americans, I have mixed feelings about a government bailout for the domestic auto industry and more specifically, General Motors (GM). At first I was for saving G.M. and while I still would vote that way, I have some reservations... Read More

Obama Should Tell Detroit's CEOs: No
The auto lobby is pushing hard for a federal bail out right now. As much as I support American manufacturing, I think a federal bail out for GM, Ford and Chrysler would be a tragic mistake... Read More

GM, Ford and Chrysler Should get Bailed Out
This is National Dump on American Automakers Week. Cash-less GM, the poster child for industrial vision-less-ness, is bearing the brunt of the finger-pointing and accusations. So I thought it might be interesting to look just how innovative GM is and relate it to the bailout... Read More

Obama Should Tell Detroit's CEOs: No - Part II
Thirty years ago, the American steel industry went through an experience similar to today's crisis in Detroit ... There were many cries of despair, in particular that we needed a domestic steel industry for national defense. But there was no bailout... Read More

Did Auto Execs Fly BACK to Detroit on Commercial Airliners?
CEOs from  the domestic auto makers took their lumps yesterday, but the two-day dressing in the House hit a low point when Rep. Gary Ackerman (D-NY) asked if any of them flew from Detroit to DC on a commercial plane... Read More

Who Is to Blame for GM's Collapse? All of Us
It's great that Chinese companies may want to buy Chrysler or GM. That's how the free enterprise system works... Read More

General Motors Scales Back Jets
The mighty have fallen!! General Motors (GM) in response to a highly embarrassing moment this week is cutting the number of leased corporate jets to a mere three... Read More

Breaking News: GM to be Acquired by Chinese Concerns?
A Chinese business daily is reporting that Dongfeng and SAIC are planning to buy GM and Chrysler at their historically low stock valuations. Read More

Stay tuned for more thoughts from John and Doug, and don't forget to weigh in on this Great Debate!

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