Comments on: Chrysler and GM failures Will Make Waves

By: Peace

Peace — Thu, 23 Jul 2009 07:36:23 +0000

I am sorry to say but why are we looking at government for unemployment caused from private sector. Govt. today is playing a role to satisfy it’s vote bank. Let water find it’s own level and things will settle down. We need to put pressure on Govt. for putting in place tighter control and regulations so that the root cause of current situation can be addressed.

By: mozart

mozart — Sat, 18 Jul 2009 07:53:58 +0000

I guess, that is something we have to watch out lyka, what will the government do with all these unemployed? If ever this happens, it would surely affect our economy. So, I guess we all have to prepare ourselves for whatever challenges we may face in the future.

By: lyka

lyka — Fri, 17 Jul 2009 02:50:11 +0000

of course it will be painful for the affected ones..just wondering what the government will do in order to help those unemployed ones..

By: Ricardo

Ricardo — Wed, 15 Jul 2009 14:52:27 +0000

I was surprised to hear that the plant that makes the new Camaros is doing well with that model. I wouldn’t expect a sports car to thrive in this economy. I’m sure some people will go for it based on nostalgia, if operating costs is less of an issue with them.

And I wonder how long the price of gas will stay where it is?

By: dparker

dparker — Wed, 15 Jul 2009 11:43:48 +0000

Too bad chrysler was so committed to the big cars, if they had invested in hybrids they would be booming.

By: Luvarant

Luvarant — Sat, 11 Jul 2009 17:44:27 +0000

Calling this a black hole is a grim description of the situation but I have no doubt that it is the best way to illustrate the effects of plant closures in Michigan can impact neighboring states and secondary jobs.
Not to keep everything on the low, the best ideas always come out of the hardest of times. “Necessity is the mother of invention”.
In Canada, a car manufacturer is producing electrical vehicles and though the government has been less than supportive, the company has a back order in sales. They are now looking to expand the use of the vehicle for long distance travel. Maybe someone can look to this company and perhaps raise funds to establish a plant in Michigan. That’s my optimism shinning through.

By: admin

admin — Fri, 26 Jun 2009 02:19:14 +0000

Yeah, and my point with the California failure posting is that this thing is growing by leaps and bounds. It doesn’t appear that in the near term future things are going to get better, so I guess that it is time to hang on tight.

By: takatenamano

takatenamano — Thu, 25 Jun 2009 13:39:55 +0000

From 600,000 to 40,000. I think we can have an idea on how many will lose their job in the coming future. Before there was a recession, there are already too many people who are looking for jobs. This is now a challenge for everyone to survive with this kind of economy.

By: Ricardo

Ricardo — Mon, 15 Jun 2009 16:35:54 +0000

I’m sure Michigan will be suffering over the next few years. I think the question is how many, and it’s a difficult one because I don’t think we have any similar period for comparison.

The auto industry problems will also be felt across the border in Canada, in the auto manufacturing towns there.