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Bailout Would Help German Giants, Too

Detroit bankruptcies would ripple through entire industry's supply chain

By Ambreen Ali,  Newser User

Posted Dec 10, 2008 2:20 PM CST

(Newser) – German giants BMW and Daimler are rooting for a bailout of the Big Three, since a bankrupt Detroit would devastate sales and cripple parts-makers they all share, Bloomberg reports. The US is the top market for BMW, No. 2 for Daimler’s Mercedes-Benz. Meanwhile, Fiat,...   Read full story »

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