When auto sales took a nose dive in 2008, Detroit auto companies first tried to get help from Congress. When that failed, the Bush administration provided a bridge until the Obama administration crafted a restructuring plan that included bankruptcy and financing for General Motors and Chrysler.
When auto sales took a nose dive in 2008, Detroit auto companies first tried to get help from Congress. When that failed, the Bush administration provided a bridge until the Obama administration crafted a restructuring plan that included bankruptcy and financing for General Motors and Chrysler.
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