Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Detroit Bailout Highlights an Industry That's Moved On

'Big Three' sink while other carmakers swim

By Kevin Spak,  Newser Staff

Posted Nov 10, 2008 9:59 AM CST

(Newser) – The government seems poised to bail out the auto industry, but there are two auto industries, writes Joseph White in the Wall Street Journal. There’s the unionized, drowning Big Three, stuck with ancient product strategies and huge retiree health obligations, and the non-unionized, mostly...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
5 comments
A snapshot of the day's best news stories.
 

More Newser Stories

Just What Is an 'American' Car?

Why Asian Automakers Don't Want Detroit to Fail

As GOP Stiffens, Auto Bailout Prospects Hit the Skids

Big 3 Bailout Plan Goes to White House

Big 3 Execs Finish With Senate


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment