Americans' "Hypocrisy" in Auto Rescue Spurs Me-Too Trading Ire
A U.S.-triggered spate of global carmaker-bailout proposals may spark trade disputes over whether the Americans are unfairly trying to subsidize their industry or just making up for state aid that foreign rivals already enjoy.
As the U.S. considers a lifeline for its auto companies, officials in Europe, Canada and Asia are considering their own aid packages -- even as the European Union threatens to lodge a complaint against any U.S. bailout to ...
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We have at least a dozen promising automotive start-ups in the U.S. that are more likely to succeed in developing new automotive technology than the old car companies whose bosses fly to D.C. in their private jets to beg for taxpayer handouts. Let the old companies go, support the new ones. Or -- better yet -- just send ME a few billion to invest in building a better car. I'll spend it making a modular series hybrid with wheel-mounted motors and the simplest, most efficient drive train you ever saw. :)