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Unread 31-05-2009, 23:53
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Re: GM and its impact on FIRST

Quote:
Originally Posted by CraigHickman View Post
GM won't bring itself out of bankruptcy.

Teams that rely on auto sponsorship may want to find companies with factories/engineering locations stateside that aren't failing, such as Subaru, and others. GM is dying, and what we're seeing is the floundering of a company trying to stay alive.
I suspect you are quite wrong.

Are you aware that portions of subaru applied for bankruptcy in 2000, and they also applied for some of the $25 billion on auto aid loans authorized by the DOE this year?
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