I really don't understand the matter at all. GM can't come to an agreement with its bond holders or unions; unions won't budge from their stand. If they don't reach an agreement soon GM will go into bankruptcy and Chrysler will neither reach an agreement with Fiat, nor will they get any government money in Canada or the U.S.
It seems the hard line unionist would prefer to (a) lose all jobs (b) don't give a s**t for those already on pensions and (c) are ignorant of the fallout in other industries and the economy in general. Hundreds of thousands of people will be affected and cities will lose too.
I am aware that it is a difficult situation but this is it! There are no more chances to save the car industry in North America or keep what jobs can be saved and hope that GM can rebuild its status and hire more people in the future.
GTPdriver
It seems the hard line unionist would prefer to (a) lose all jobs (b) don't give a s**t for those already on pensions and (c) are ignorant of the fallout in other industries and the economy in general. Hundreds of thousands of people will be affected and cities will lose too.
I am aware that it is a difficult situation but this is it! There are no more chances to save the car industry in North America or keep what jobs can be saved and hope that GM can rebuild its status and hire more people in the future.
GTPdriver
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