Episode 81 – No Car Czar, GM Closer To Bankruptcy, UAW Walks Out On Negotiations
February 16th, 2009 at 12:00pm
Runtime 5:44
There will not be a car czar to restructure the auto industry, instead it will be handled by a team of bureaucrats. GM is considering going into Chapter 11, forming a new company and liquidating all failing assets. UAW negotiators walked out on talks with GM over the weekend. All that and more, plus a look at some of the manufacturing process involved with the Tesla.
Transcript and Story Links after the jump . . .