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

Debunking 6 Myths About Detroit Carmakers

Clamor over bailout obscures some truths about Big Three

By Nick McMaster,  Newser Staff

Posted Nov 18, 2008 2:45 PM CST

(Newser) – Misconceptions and half-truths abound in the discussion over giving Detroit’s big three carmakers a chunk of federal bailout cash. Mark Phelan, in the Free Press, clears up six myths:

  1. Nobody buys GM, Ford or Chrysler anymore.
  • Fact: The three combined sold 8.5 million
...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Why Asian Automakers Don't Want Detroit to Fail

Dark Day for Detroit

Dodd Endorses Big 3 Bailout as CEOs Hit Hill Again

In DC Corral, the Big 3 Dare Congress to Shoot

Saving Detroit: It's Now or Never


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